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Archived about 4 years ago

$225,000

4 bd 2 ba 1725 sqft

601 Sunny Slope Cir, Henderson, NV 89002

Residential SFR

Current Rent **

$1,500

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

High

Cash or Subject To in Henderson NV

As you know the Las Vegas Market is on fire. Upward trend on prices and rents. Don’t miss this opportunity. You can:

Flip it. (We think the best return is making the garage conversion into an Accessory Dwelling Unit (ADU) aka legal apartment)
Keep as rental. (Previous owner had all four rooms rented out at $500 each for $2000 total)
Keep as rental adding ADU
Rent out and hold for one or two years and flip.

601 Sunny Slope Cir, Henderson NV 89002
Photos
COE ASAP
ARV $285k
Repairs $5k (rent ready)
Cash price $220k
EMD $5k

Subject to existing finance:
PP $235k
Down Payment $$40-50k
Balance on existing loan $180k~
PITI $1200~
Rent $1500+

Busy professional? We know real estate and construction. Partnering, project management, funding. We can help.

NOT FOR PUBLIC DISSEMINATION. ARV and rehab numbers are our opinion and you must conduct your own due diligence. There is risk in every investment. Act accordingly. No representation made are guaranteed or warranted. EMD must be received the next business day or the assignment is cancelled. Wholesalers or agents if you have a buyer contact us and we can work with you. Please do not make direct contact with the owner and/or agent. We will coordinate for inspections. Any person found violating these terms will be removed from future opportunities. Principal is a licensed Nevada agent. There is no representation implied. Properties are sold AS-IS.

Do you know your “Buy Box”?

We have the deals you are looking for. If you’re serious please let us know your criteria.

Location:

601 Sunny Slope Cir, Henderson, NV 89002

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.