Reolocation  Las Vegas and Henderson Nevada  Properties For Sale Short Sale Foreclosure Specialist
Reolocation Las Vegas and Henderson Nevada Properties For Sale Short Sale Foreclosure Specialist
Short Sale Foreclosure Resource (SFR) Certification
La Shelle Washington | Direct: 702-812-5021 | Office: 702-432-4600 | Email: lashelle@windermere.com | www.LashelleSellsLasVegas.com

Is Las Vegas Good for Investors?

Posted on April 6, 2009

Investors Corner 

Savvy investors are snapping up condos, town homes and single-family homes. Property prices have fallen to a point in which many properties provide a positive cash flow. Rentals are still strong in the valley. In addition, the rate of return on these investments is exceeding Wall Street. An example:

A 1 bedroom, 1 bath condominium, being offered at $50,000 in the community of Latigo in Silverado Ranch, rents for an average of $750.00 a month. The monthly association fees are $120 a month. See chart for the cash flow and return on investment.

Additional considerations:

  • These calculations assume 100% occupancy.
  • Closing costs are not factored into the cash investment.
  • Additional returns could be made over time as the property increases in value.

 

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