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$360,000

Under Contract
67 Oklahoma Dr, Henderson, NV 89015
3 Beds
2 Baths
1,381 Square Feet
0.16 Acres Lot
Built in 1942
Under Contract
Units n/a
Checked: 44 minutes ago
Updated: Jun 21, 2025 at 03:00AM

Investment Summary


Monthly Cash Flow
-$501
Cap Rate
4.0%
Cash-on-Cash Return
-7.3%
Debt Coverage Ratio
0.71
Internal Rate of Return (5 years)
-3.0%

Property Description


0.16 Acres Lot
Built in 1942
Under Contract
Units n/a

HELLO 67 OKLAHOMA! Where Modern Charm Meets Historic Appeal. Minutes from Vibrant Downtown Water Street. This beautifully updated 3-bedroom, 2-bath home offers the perfect blend of character and comfort. Step inside to find a spacious living room anchored by a cozy wood-burning fireplace, ideal for relaxing evenings. Kitchen features custom cabinetry, granite countertops, new dishwasher, refrigerator, and a new set of cabinets topped with modern butcher block, perfect for extra prep space or entertaining. Bright windows overlook a serene paver stone patio with firepit accented with twinkle lights. Huge backyard boasts rich soil that keeps vibrant flowers blooming year-round. RV/boat parking with two double gates—one with alley access for added convenience. New roof in 2019, Remodeld Primary bath with stunning walk in shower. Thoughtful touches throughout that make this home truly special. With too many unique features to highlight! Don't miss this opportunity. This gem won’t last long!

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Location


Property Details


Parking

  • Description: DetachedCarport
  • Details: Detached Carport, Open, RV Gated, RV Access/Parking
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Roof Material: Other

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 17918710121
  • Lot Size: 6970 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: OneStory
  • Year Built: 1942

Tax Information

  • Annual Tax: $468

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Location

  • County: Clark

Listing Details


Listed by:
Lisa L. Vaughn
LIFE Realty District
(702) 595-9483

Source:
Las Vegas REALTORS
MLS#: 2690567
Las Vegas REALTORS

Investment Summary


Monthly Cash Flow
-$501
Cap Rate
4.0%
Cash-on-Cash Return
-7.3%
Debt Coverage Ratio
0.71
Internal Rate of Return (5 years)
-3.0%

Purchase Details

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Purchase price:
$360,000
Amount financed:
-$288,000
Down payment:
$72,000
Closing costs:
$10,800
Rehab costs:
$0
Initial cash invested:
$82,800
Square feet:
1,381
Cost per square foot:
$261
Monthly rent per square foot:
$1.30

Financing Details

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Loan amount:
$288,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,704
Property tax:
$39
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,869

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (2%)
2%-$39-$468
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (27%)
27%-$489-$5,868

Cash Flow


Monthly Yearly
Net operating income:
$1,203 $14,436
Mortgage payments:
-$1,704 -$20,448
Cash flow:
$501 $6,012