Balanced Return Starter Home – ROI 12.9%

SFR - W. Delhi Ave, LV, 89129, two storey, 1994, 2263 SF, 4 bed, 2.5 bath, 2 car, fully fenced backyard.  Move in ready.  Kitchen could use future renovation ($6,000)

REPO Purchased July 2011 $110,000 Cash

Annual Rent $14,400
Monthly Rent $ 1,200

Closing Costs $1,661
Annual Taxes and Insurance:
$1,727 County Taxes
$ 912 House Insurance
$0.00 HOA

Purchase History
- 1994 sold for $137,000
- 1999 sold for $156,000
- 2003 sold for $240,000
- 2005 sold for $375,000
- 2010 July listed $173,900

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