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Updated over 1 year ago,

User Stats

21
Posts
6
Votes
Will M.
  • Las Vegas
6
Votes |
21
Posts

Newbie investor looking for advice on a deal

Will M.
  • Las Vegas
Posted

Hello,

I'm currently looking at a new build townhome in Las Vegas (Inspirada in Henderson, actually.) 

The house is around $330K. It's looking like monthly expenses (including mortgage) will be around $2K per month and rental comps are right around $2100. I'm planning on holding for 10-15 years for retirement so I don't need a ton of cash flow in the near term. Hoping it appreciates while someone else pays down the mortgage. 

As I'm a newbie, I'm sure I'm missing some (probably several) things when analyzing this deal. So, does anyone have any quick tips or advice on if I should move forward? Or, what else I need to know before moving forward? 

Thanks in advance 

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