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Updated almost 14 years ago,

David Knell's profile image
David Knell's profile image
David Knell
  • from Breckenridge, CO
  • Member since Jan 27, 2011
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David Knell's profile image
David Knell's profile image
David Knell
  • from Breckenridge, CO
  • Member since Jan 27, 2011
Connect
David Knell
  • Breckenridge, CO
0
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13
Posts
General Landlording & Rental Properties

Las Vegas 4 plex - 25% CAP rate - what's the catch?

David Knell
  • Breckenridge, CO
Posted

Hi -

New here, so please be gentle with me..! I'm looking at a few 4 plexes in Las Vegas, rehabbed and rented, with CAP rates in the range 23-25%. Even after allowing the recommended 50% for expenses, etc., they still look like a remarkably attractive investment.

Which brings me to my question - what's the catch?!

Thanks --

Dave

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