• Steve Sinko

We Love Rentals 3 properties - 2 loans

Estimated Closing Date: 2/19/2021


Property #1

Property Address: Golden Bay Ct Henderson NV 89052

Parcel Size: 6,098 sq feet

Residential / Building Area: Two Story, 2,982 sq foot 4 bed/ 2 1/2 bath

w/ Large Covered Patio

Year Built: 1997

Average Rental Income: $2,400.00 (5 years same tenant)

Approximate Value: $495,000.00


Property #2

Property Address: W Horizon Ridge Henderson NV 89052

Parcel Size: Condo/Co-op

Residential / Building Area: 2nd Floor Condo Unit, 1,330 sq foot 3 bed/ 2 bath

Year Built: 2004

Average Rental Income: $1,450.00 (Lease signed 2.01.2021)

Approximate Value: $230,000.00


Property #3

Property Address: Carnegie St Henderson NV 89052

Parcel Size: Condo/Co-op

Residential / Building Area: 2nd Floor Condo Unit, 1,033 sq foot 2 bed/ 2 bath

Year Built: 2003

Average Rental Income: $1,136.00

Approximate Value: $191,000.00


Total Approximate Value: $916,000.00 – All properties

Loan Amount: $545,000.00

Loan to Value: 75% based on purchase price

Loan Term: 24 Months - 3 Months Guaranteed

Payments: Interest Only Payments

Property Zoning: Single Family Home / Condo


Other useful information for the Investor: Properties have been owned by the family or corporation since construction. 1997, 2003 & 2004

Exit Strategy: Keep as Rental Properties



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