Innovalasvegas.com Search Results

4 listings

Refine Search

Sort by

This is a unique situation. The seller would like to discuss all creative options. The home is going to need substantial renovation. Property taxes 4%–6% Insurance 2%–4% Utilities (if owner-paid) 10%–15% Repairs & maintenance reserve 5%–10% Vacancy & credit loss 5%–10% Landscaping/pest control 1%–3% Capital reserves (future HVAC, roof, appliances, etc.) 5%–10% Total (self-managed) 25%–40% Gross Potential Income 5 bedrooms + studio = $6,500/month Annual = $78,000 Adjust for 90% occupancy Effective Gross Income = about $70,200/year Example expense budget (30%) Expenses ˜ $21,000/year Net Operating Income Approximately $49,000/year Using common investor cap rates: Cap Rate Value 10% $490,000 8% $612,000 A one-third interest before any minority discount would be approximately: $163,000 at a $490k valuation

5 Beds ⋅ 6 Baths ⋅ 2791719 MLS ⋅ 1,434 SqFt.

This is a unique situation. The seller would like to discuss all creative options. The home is going to need substantial renovation. Property taxes 4%–6% Insurance 2%–4% Utilities (if owner-paid) 10%–15% Repairs & maintenance reserve 5%–10% Vacancy & credit loss 5%–10% Landscaping/pest control 1%–3% Capital reserves (future HVAC, roof, appliances, etc.) 5%–10% Total (self-managed) 25%–40% Gross Potential Income 5 bedrooms + studio = $6,500/month Annual = $78,000 Adjust for 90% occupancy Effective Gross Income = about $70,200/year Example expense budget (30%) Expenses ˜ $21,000/year Net Operating Income Approximately $49,000/year Using common investor cap rates: Cap Rate Value 10% $490,000 8% $612,000 A one-third interest before any minority discount would be approximately: $163,000 at a $490k valuation

3116 Kings Way, Las Vegas

This beautiful home is fully upgraded (Roof replaced in 2023), HUGE backyard to entertain all your guest, conveniently located near to Las Vegas Strip, China Town and parks nearby(Bob Baskin Park, Tennis and pickleball courts) LOCATION, LOCATION, LOCATION. NO HOA, amazing kitchen, DO NOT MISS OUT, IT WONT LAST LONG,

3 Beds ⋅ 2 Baths ⋅ 2785606 MLS ⋅ 1,085 SqFt.

This beautiful home is fully upgraded (Roof replaced in 2023), HUGE backyard to entertain all your guest, conveniently located near to Las Vegas Strip, China Town and parks nearby(Bob Baskin Park, Tennis and pickleball courts) LOCATION, LOCATION, LOCATION. NO HOA, amazing kitchen, DO NOT MISS OUT, IT WONT LAST LONG,

2712 Alcoa Avenue, Las Vegas

Single story house with pool. Large family room with fireplace. Tile flooring through out. Granite counter top. Close to I-15 and strip, and shopping centers. Backyard has a storage . New roof, pool recently painted.

3 Beds ⋅ 2 Baths ⋅ 2763668 MLS ⋅ 1,479 SqFt.

Single story house with pool. Large family room with fireplace. Tile flooring through out. Granite counter top. Close to I-15 and strip, and shopping centers. Backyard has a storage . New roof, pool recently painted.

2909 Merritt Avenue, Las Vegas

Great 3 bedroom 2 bathroom one story with no HOA! Fully fenced with one car carport plus driveway. Open floorplan with big front living area. fresh paint, new carpet & new plank flooring.

3 Beds ⋅ 2 Baths ⋅ 2756042 MLS ⋅ 1,073 SqFt.

Great 3 bedroom 2 bathroom one story with no HOA! Fully fenced with one car carport plus driveway. Open floorplan with big front living area. fresh paint, new carpet & new plank flooring.

3013 Piedmont Avenue, Las Vegas

The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.
LVR MLS deems information reliable but not guaranteed.
Copyright 2026 of the Las Vegas REALTORS® MLS. All rights reserved.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Updated: