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Property Report: Rental Property Sample RENTAL

Property Report :

Rental Property Sample

5655 E Sahara Ave 1052, Las Vegas, NV 89142

Created on: Jul 30, 2025

Author: Your Name

Company: Delta Real Estate (demo)

5655 E Sahara Ave 1052, Las Vegas, NV 89142

Condominium: 2 bedrooms , 2 bathrooms

Year built: 2001, Size: 774 SF

Investment strategy: Rental Property

This is a sample rental investment report. It takes approx. 1-2 minutes to generate a report like this thanks to our MLS data loader. The report includes a Cash flow forecast, many real estate metrics and optionally also Sales and Rental comps.

Purchase Price$ 100,000
Rent$ 900/mo
Monthly Cash Flow$ 147
Cash on Cash Return5.51 %

Financial Analysis

Cash on Cash Return 5.51 %
Internal Rate of Return (IRR) 15.69 %
Capitalization Rate 4.57 %
Gross Rent Multiplier (GRM) 13.89
Debt-coverage Ratio (DCR) 1.35
Operating Expense Ratio (OER) 33.22 %
After Repair Value $ 150,000
Profit/Equity From Rehab $ 38,000

Financial Breakdown

Purchase Price $ 100,000
Purchase Costs $ 2,000
Repair/Construction Costs $ 10,000
Total Capital Needed
$ 112,000
Financing $ 80,000
Total Cash Needed
$ 32,000
Cash at Closing
$ 20,000
Cash During Rehab
$ 12,000

Operating Analysis

Rent $ 900/mo
Gross Operating Income (GOI) $ 10,260
Total Expenses $ 3,409
Net Operating Income (NOI) $ 6,851
Annual Debt Service $ 5,087
Cash Flow Before Taxes (CFBT) $ 1,764
Income Tax Liability $ 323
Cash Flow After Taxes (CFAT) $ 1,441

5655 E Sahara Ave Unit 1052, Las Vegas, NV 89142 is a condos home built in 2001. According to the Las Vegas public records, the property at 5655 E Sahara Ave Unit 1052, Las Vegas, NV 89142 has approximately 774 square feet, 1 beds and 1 baths. Nearby schools include Cyril Wengert Elementary School, Las Vegas High School and Duane D Keller Middle School.

Purchase Price $ 100,000
Address 5655 E Sahara Ave 1052, Las Vegas, 89142, NV
Listing Agent STEVEN NICKLIN
Listing Broker Nicklin Prop Mgmt & Inv Inc
Year Built 2001
Type Condominium
Size 774 SF
Bedrooms 2
Bathrooms 2
Date Seller Buyer Price
Witt, Thomas Jr Bartlett, Debra A $ 112,000
Current Owner
Full name Debra A Bartlett
Address PO BOX 18123, PANAMA CITY BEACH FL 324178123
Mortgages
NATIONAL CITY MORTGAGE CO $ 84,000
5655 E Sahara Ave 1052 Las Vegas, NV 89142
  • $ 150,000

    Property ARV
  • Condominium

    Bldg type
  • 774

    SqFt
  • $ 194

    per SqFt
  • 2

    Beds
  • 2

    Baths
# Property address Distance Beds Baths SqFt Bldg type Date sold Sale price $/SqFt
1 5650 E Sahara Ave UNIT 2018 0.1mi 2 1.0 774 04/10/2019 $ 98,000 $ 127
2 1405 S Nellis Blvd UNIT 2113 1.0mi 2 1.0 973 08/23/2019 $ 100,000 $ 103
3 5535 Orchard Ln 1.1mi 1 1.5 1,026 02/16/2019 $ 119,900 $ 117
4 1405 S Nellis Blvd UNIT 1076 1.1mi 2 1.75 1,080 05/10/2019 $ 117,500 $ 109
Average: $ 108,850 $ 114
5655 E Sahara Ave 1052 Las Vegas, NV 89142
  • $ 900

    Rent
  • Condominium

    Bldg type
  • 774

    SqFt
  • 2

    Beds
  • 2

    Baths

Your rent is reasonable for the area.

Average

$ 874 

Median

$ 903

25th %

$ 816

75th %

$ 933

# Property address Similarity Distance Beds Baths SqFt Date Listed Bldg type Rent
1 5655 E Sahara Ave, Unit 2031
76%
0.1mi 2 2 958 2/28/2021 Condo $ 950
2 5655 E Sahara Ave, Unit 1017
76%
0.1mi 2 2 958 2/28/2021 Condo $ 965
3 5650 E Sahara Ave, Unit 2052
95%
0.1mi 1 1 774 11/16/2020 Condo $ 800
4 5655 E Sahara Ave, Unit 2054
76%
0.1mi 2 2 958 12/5/2020 Condo $ 950
5 5655 E Sahara Ave, Unit 1051
76%
0.1mi 2 2 958 11/19/2020 Condo $ 950
6 5650 E Sahara Ave, Unit 2029
76%
0.1mi 2 2 958 4/9/2021 Condo $ 1,100
7 5650 E Sahara Ave, Unit 1036
76%
0.2mi 2 2 958 11/8/2020 Condo $ 1,000
8 5650 E Sahara Ave, Unit 1017
76%
0.2mi 2 2 958 2/13/2021 Condo $ 1,200

You can edit, sort, drag and reorder suggested comps below. Select the comps you want to include in the report. You can also add comps manually.

Property address Similarity Distance Beds Baths SqFt Date Listed Bldg type Rent Notes Edit
5655 E Sahara Ave, Unit 2031
76%
0.1mi 2 2 958 2/28/2021 Condo $ 950
5655 E Sahara Ave, Unit 1017
76%
0.1mi 2 2 958 2/28/2021 Condo $ 965
5650 E Sahara Ave, Unit 2052
95%
0.1mi 1 1 774 11/16/2020 Condo $ 800
5655 E Sahara Ave, Unit 2054
76%
0.1mi 2 2 958 12/5/2020 Condo $ 950
5655 E Sahara Ave, Unit 1051
76%
0.1mi 2 2 958 11/19/2020 Condo $ 950
5650 E Sahara Ave, Unit 2029
76%
0.1mi 2 2 958 4/9/2021 Condo $ 1,100
5650 E Sahara Ave, Unit 1036
76%
0.2mi 2 2 958 11/8/2020 Condo $ 1,000
5650 E Sahara Ave, Unit 1017
76%
0.2mi 2 2 958 2/13/2021 Condo $ 1,200
5650 E Sahara Ave, Unit 2042
76%
0.2mi 2 2 958 2/28/2021 Condo $ 950
2978 Juniper Hills Blvd, Unit 201
76%
1.1mi 2 2 884 3/3/2021 Condo $ 1,100
2980 Juniper Hills Bl Blvd, Unit 204
76%
1.1mi 2 2 889 12/20/2020 Condo $ 925
2968 Juniper Hills Blvd, Unit 102
76%
1.1mi 2 2 896 2/28/2021 Condo $ 1,050
2964 Juniper Hills Blvd, Unit 204
76%
1.1mi 2 2 889 11/2/2020 Condo $ 1,225
2961 Juniper Hills Blvd, Unit 201
76%
1.2mi 2 2 884 12/17/2020 Condo $ 895
2989 Juniper Hills Blvd, Unit 204
90%
1.2mi 1 1 671 10/20/2020 Condo $ 750
2987 Juniper Hills Blvd, Unit 204
75%
1.2mi 2 2 884 10/28/2020 Condo $ 925
2985 Juniper Hills Blvd, Unit 203
75%
1.2mi 2 2 884 3/26/2021 Condo $ 950
2965 Juniper Hills Blvd, Unit 203
75%
1.3mi 2 2 889 12/20/2020 Condo $ 950
2967 Juniper Hills Blvd, Unit 204
75%
1.3mi 2 2 884 3/26/2021 Condo $ 1,050
5599 Orchard Ln, Unit 168
77%
1.8mi 2 1 1,005 2/25/2021 Condo $ 1,095

Comps selected: 8

Breakdown by Scope of Work

Foundation
N/A
Doors & Windows
N/A
Plumbing
N/A
Painting
$ 2,000
Concrete
N/A
Garage
N/A
HVAC
$ 800
Appliances
$ 500
Masonry
N/A
Landscaping
N/A
Tiling
$ 1,500
Dumpster
$ 400
Siding & Paint
N/A
Demolition
$ 1,000
Doors & Trim
N/A
Permits & Fees
N/A
Decks & Porches
N/A
Framing & Drywall
N/A
Flooring
N/A
Miscellaneous
N/A
Roofing
N/A
Electrical
$ 800
Cabinets
$ 3,000
Foundation
N/A
Landscaping
N/A
Flooring
N/A
Concrete
N/A
Demolition
$ 1,000
Cabinets
$ 3,000
Masonry
N/A
Framing & Drywall
N/A
Painting
$ 2,000
Siding & Paint
N/A
Electrical
$ 800
Appliances
$ 500
Decks & Porches
N/A
Plumbing
N/A
Dumpster
$ 400
Roofing
N/A
HVAC
$ 800
Permits & Fees
N/A
Doors & Windows
N/A
Tiling
$ 1,500
Miscellaneous
N/A
Garage
N/A
Doors & Trim
N/A
Foundation
N/A
Plumbing
N/A
Concrete
N/A
HVAC
$ 800
Masonry
N/A
Tiling
$ 1,500
Siding & Paint
N/A
Doors & Trim
N/A
Decks & Porches
N/A
Flooring
N/A
Roofing
N/A
Cabinets
$ 3,000
Doors & Windows
N/A
Painting
$ 2,000
Garage
N/A
Appliances
$ 500
Landscaping
N/A
Dumpster
$ 400
Demolition
$ 1,000
Permits & Fees
N/A
Framing & Drywall
N/A
Miscellaneous
N/A
Electrical
$ 800
      Total Estimate $ 10,000

Annual Property Operating Data

Incomes % of GOI
Gross Scheduled Income
$ 10,800    
Total Gross Income $ 10,800  
Vacancy loss
$ 540  
Gross Operating Income
$ 10,260 100.00 %
Expenses
Repairs $ 300 2.92 %
Manager $ 821 8.00 %
HOA fees $ 1,920 18.71 %
Property tax $ 368 3.59 %
Total Expenses $ 3,409 33.22 %
Net Operating Income
$ 6,851 66.78 %
JavaScript chart by amCharts 3.20.13
JavaScript chart by amCharts 3.20.13CFBT Loan paymentRepairsManagerHOA feesProperty tax

Cash Flow (Year 1)

Net Operating Income $ 6,851 66.78 %
Annual Debt Service $ 5,087 49.58 %
Cash Flow Before Taxes (CFBT)
$ 1,764 17.19 %
Income Tax Liability $ 323 3.15 %
Cash Flow After Taxes (CFAT)
$ 1,441 14.05 %

Operating Ratios

Operating Expense Ratio
33.22 %
Break-Even Ratio
82.81 %

Financial Measures

Net Present Value
$ 41,011
Internal Rate of Return
15.69 %
Profitability Index
2.28
Annual Depreciation $ 3,273

Holding period of 20 years and discount rate of 10.00% were used for calculation of NPV and IRR. The rest of the financial measures are for the 1st year only and therefore don't provide such an exact information.

Investment Return Ratios

Cash on Cash Return
5.51 %
Return on Investment
21.14 %
Capitalization Rate
4.57 %
Gross Rental Yield
10.80 %
Gross Rent Multiplier
13.89
Financing % of ARV
Down Payment $ 20,000 13.33 %
Conventional Loan $ 80,000 53.33 %
Loan to Value Ratio
80.00 %
Loan to Cost Ratio
72.73 %
Debt Coverage Ratio 1.35
Conventional Loan

Financing of: Purchase price ($ 100,000)

Type Amortized
Loan Amount $ 80,000
Down payment (20%) $ 20,000
Amortization 20 years
Interest Rate 2.50 %
Monthly Payment $ 423.92
JavaScript chart by amCharts 3.20.13
JavaScript chart by amCharts 3.20.13Down PaymentConventional LoanCash During Rehab
JavaScript chart by amCharts 3.20.13
JavaScript chart by amCharts 3.20.13Loan Principal Balance Equity: Principal Paid Equity: Cash Outlay Equity: Appreciation

This chart shows the process of accumulation of investor's equity. There is some equity created right at the beginning with the rehab/construction and later investor's equity is rising by paying off the principal of the loan and also by appreciation over the years. All the green parts is the cummulative equity belonging to the investor and the red part belongs to the lender.

Year 01234567891011121314151617181920
Operational Analysis
Gross Scheduled Income 0 10,800 11,016 11,236 11,461 11,690 11,924 12,163 12,406 12,654 12,907 13,165 13,428 13,697 13,971 14,250 14,535 14,826 15,123 15,425 15,734
Vacancy Loss 0 540 551 562 573 585 596 608 620 633 645 658 671 685 699 713 727 741 756 771 787
Gross Operating Income 0 10,260 10,465 10,675 10,888 11,106 11,328 11,554 11,786 12,021 12,262 12,507 12,757 13,012 13,272 13,538 13,809 14,085 14,366 14,654 14,947
Expenses 0 3,409 3,477 3,547 3,617 3,690 3,764 3,839 3,916 3,994 4,074 4,155 4,238 4,323 4,410 4,498 4,588 4,680 4,773 4,869 4,966
Net Operating Income 0 6,851 6,988 7,128 7,271 7,416 7,564 7,716 7,870 8,027 8,188 8,352 8,519 8,689 8,863 9,040 9,221 9,405 9,593 9,785 9,981
Loan Payment 0 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087 5,087
Payment Interest Part 0 1,964 1,885 1,804 1,721 1,636 1,549 1,460 1,368 1,274 1,177 1,079 977 873 767 657 545 431 313 192 68
Payment Principal Part 0 3,123 3,202 3,283 3,366 3,451 3,538 3,627 3,719 3,813 3,910 4,009 4,110 4,214 4,320 4,430 4,542 4,657 4,774 4,895 5,019
Cash Flow
Repairs/Construction 10,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cash Flow Before Taxes -32,000 1,764 1,901 2,041 2,183 2,329 2,477 2,628 2,783 2,940 3,101 3,265 3,432 3,602 3,776 3,953 4,134 4,318 4,506 4,698 4,894
Depreciation 0 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273 3,273
Taxes 0 323 366 410 455 501 548 597 646 696 747 800 854 909 965 1,022 1,080 1,140 1,202 1,264 1,328
Cash Flow After Taxes -32,000 1,441 1,535 1,631 1,728 1,828 1,929 2,032 2,137 2,244 2,353 2,464 2,578 2,693 2,811 2,931 3,053 3,178 3,305 3,434 3,566

Note: All amounts in the table above are in $

JavaScript chart by amCharts 3.20.13
JavaScript chart by amCharts 3.20.13GOINOICFBTCFAT

Resale Price Evaluation Methods

The property is sold after 20 years. Below is the resale price calculated using different methods.

Appreciation (5.00%) $ 397,995
Cap Rate (1.00%) & NOI $ 998,088
Gross Rent Multiplier $ 218,539

Sale Proceeds

Projected Selling Price $ 397,995
Costs of Sale (7.00%) $ 27,860
Net Sale Proceeds Before Tax $ 370,135

In the resale analysis we do not include any calculation for taxes that might be owed on sale of the property. The tax laws for the resale are rather complex and subjected to frequent changes.

Net Assets and Yield

Net Assets
Sale Proceeds Before Tax $ 370,135
Investor Cash Outlay $ 32,000
Net Assets $ 338,135
Average Yield
Annual Net Assets $ 16,907
Average Cash Flow (After Taxes) $ 2,265
Average Annual Gain (After Taxes) $ 19,172
Average Annual Yield (After Taxes) 19.17 %
JavaScript chart by amCharts 3.20.13
JavaScript chart by amCharts 3.20.13

This charts shows Net Present Value (NPV) when property is sold in various years, i.e. when sold in 5th year, the NPV is calculated from 5 years of Cash Flow (including the selling price) and this NPV is displayed in year 5. Optimal holding period can be estimated, using this method - when NPV is the highest. Please note that appreciation growth can change these numbers greatly. It sometimes makes sense to sell the property even before the end of the mortgage term.

Lender Summary for Conventional Loan

Financing of: Purchase price
Type: Amortized
Amortization: 20 years

Loan Assumptions % of ARV
After Repair Value $ 150,000 100.00 %
Purchase Price $ 100,000 66.67 %
Purchase Costs $ 2,000 1.33 %
Repair Costs $ 10,000 6.67 %
Holding Costs $ 0 0.00 %
Total Capital Needed
$ 112,000 74.67 %
Financed Amount $ 100,000 66.67 %
Down payment (20%) $ 20,000 13.33 %
Loan Amount $ 80,000 53.33 %
Lender Returns
Interest Rate 2.50 %
Interest Income $ 21,741
Fees $ 1,000
Total Income to Lender $ 22,741
Lender's ROI 28.43 %
Lender's Annualized ROI 1.42 %

Notes:
Add notes for your lender here.

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