Las Vegas Market

[Jace Im]

Hello BP fam, Another beginner question..I am wanting to invest in SFRs in LV(I have family there and grew up there). However, doing several analysis, home prices have gone up quite a bit and it looks like the returns are significantly low. Also on the analyzing tool for the expenses-- redfin lists expenses for sewer and other misc expenses.. but seems really high for a monthly cost. Is this an annual estimate? So if I enter the expenses on the rental calc, I would have to divide the expenses by 12 to get the monthly? Thanks so much!