Assignable Contract — 3BR Single Family, ~$50,000K Equity · Reno, NV

About this deal

Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 1150 FINANCIAL BLVD, Reno, NV. Contract price $135,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.

The numbers

Cap rate

5.1%

Net operating income

$33,252/yr

Cash flow

+$2,771/mo

Occupancy

59 of 59 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.