Think about buying investment homes in Las Vegas? Let me give you 3 price points for comparison. My analysis is as follows:

  • $150,000 price point offers 7% return on your investment (rental income $1150)
  • $125,000 price point offers 11% return on your investment (rental income $1100)
  • $100,000 price point offers 10% return on your investment (rental income $950)

Based on my calculations home priced at $100,000 to $125,000 are the best investments. For $100,000 one can purchase a 3 bedroom townhome with the 10% return on your money. With 20% downpayment, closing fees,  home inspection, warranty, appraisal fees total money required is close to $27,000. Your annual rental profit is $2,770.

 

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Shall-Ching Lu

Las Vegas, NV

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Keller Williams Realty Las Vegas

Office Phone: (702) 212-2288

Cell Phone: (702) 238-3249

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