Capital Gain Large Single Family – 10% ROI

SFR - Via Florentine, Henderson, NV 89074 - 1992, two storey, 2284 SF, 4 bed, 2.75 bath (1 bed & bath down), 3 car, pool, jacuzzi, covered patio and upstairs game room. Fully fenced backyard, travertine, vaulted ceilings, 2 living areas, fireplace, balcony off master, highly upgraded throughout. Pool & spa need immediate renovation ($10,000)

Short Sale May 2011 $249,100 Financed

Annual Rent $25,440
Monthly Rent $ 2,120

Annual Taxes and Insurance:
$2,545 County Taxes
$1,464 House Insurance
$0.00 HOA

Closing Costs $6,695

Purchase History
- 2002 estimated value $276,900
- 2004 June, sold for $469,000
- 2006 estimated value $568,000
- 2010 September, listed $420,000

See Balanced Return property example