Cute Cottage Style Home in the country side of Las Vegas

661 Jeanet Ave, Indian Springs, NV 89018

$103,000 After Repair Value -
$90,000 Asking Price -
$0 Cost of Repairs =
$13,000 Potential Profit

Property Details

Asking Price $90,000

After Repair Value $103,000

Costs of Repairs $0

Potential Profit $13,000

Living Area 1562 ft2

Property Type Other

Bedrooms 2

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $750

Yearly Expenses N/A

Property Taxes $450

Net Operating Income N/A

Cap Rate N/A

Property Description

Located just 30 minutes outside of Las Vegas, this cozy little cottage style home on small lot would be perfect for an older couple, or for someone who just does not want a large yard to maintain. This cute home is surrounded by mature trees and shrubs as well as 10 ft. wooden fence for privacy from your neighbors. There are three patios/porches to choose from as well as an attached \"Man Cave\" or Work Shop. This property is currently in the process of being rehabbed, all of the hard part is over. This property has a new roof, new sub-floor, new exterior paint, new outlets throughout & new irrigation etc.. The work that has yet to be completed is as follows : Install the new lights throughout the property (they have already been purchased), install ceiling fan, finish interior paint, lay laminate flooring, finish tiled kitchen counter & paint cabinets. This home would be a great starter home for someone looking to try their hand at Rehab work as the work to be done is cosmetic with very minor electrical. Or take on this project to use as a rental for ROI. his property is being sold \"AS IS\" for $90K however price will jump once work has been completed.

Repairs Needed

Finish the install of all light fixtures and ceiling fans. Finish interior paint. Paint cabinets, and Lay flooring. All materials have been purchased and are on site. Minus the flooring for the bathrooms. Keep in mind we have a crew currently working on the rehab, everyday the above mentioned work is slowly getting done. Then the price will go up on this property.

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