Class B Apartment

Purchase Price: $66,000

Purchase was made at a trustee’s sale in January 2012 for $66,000. An additional $350 was paid towards overdue HOA fees.

Move-In Condition

Investors spent an additional $1,000 in painting, cleaning and remodeling. Investors were able to get the property rented within 1 month of purchase.

Northwest Las Vegas
3 BD / 2.5 BA in Gated Community

Investors rented the home for $1,095 per month beginning in March 2012. After operating expenses and management fees, investors yield approximately $900 per month.

15% Return on Investment