SFR - Nuevo Rd, LV, NV 89014 - 1987, two storey, 2363 SF, 4 bed (1 down), 2.5 bath, 3 car, pool and jacuzzi.  Fully loaded backyard, travertine and wood floors, vaulted ceilings, 2 living areas, fireplace, wet bar, luxurious master, larger than normal bedrooms.  North facing with views.  Pool & spa need future renovation ($8,000)

Short Sale Aug 2011
$170,000 Financed
Annual Rent $20,400
Monthly Rent $ 1,700
Closing Costs $5,655

Annual Taxes and Insurance:
$2,096 County Taxes
$ 787 House Insurance
$ 348 HOA

Purchase History
- 1995 sold for $176,000
- 2004 sold for $398,000
- 2008 sold for $275,000
- 2010 July Listed $185,000

See Capital Gain example property