Cash Flow Starter Home – ROI 16.8%

SFR - Syracuse Dr, LV, NV  89121. Single storey, 1970, 1358SF, 3 bed, 1.75 bath, patio, 2 car garage + long RV type driveway.  Fully fenced backyard, jacuzzi and lawn.  Move in ready, future kitchen renovation ($6000)

Short Sale July 2011
$60,000 Financed

Annual Rent $10,800
Monthly Rent $ 900

Closing Costs $4,335

Annual Taxes and Insurance:
$738 County Taxes
$960 House Insurance
$0.00 HOA

Purchase History
- 1998 sold for $95,500
- 2004 sold for $215,000
- 2010 September listed for $60,000

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