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Source: VEGASINC.com
Monday, April 8, 2013
Las Vegas One of Best Places to Buy a Home to Rent Out
According to a new report from RealtyTrac, the median sales price of a three-bedroom home in Las Vegas is $115,000, and the average monthly rent is $1,575. Considering rental income along with the subtraction of mortgage payment, property taxes, repairs and other costs, the cash flow averages out at $506 every month. This puts Las Vegas investments at the top of the list, making it the 5th BEST market in the U.S. for buying single-family rentals!
Source: VEGASINC.com
Source: VEGASINC.com
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