Finance Youtuber buys million dollar rental in Vegas – how is this a good investment?

Interesting case studies with all the numbers laid out from Andrei Jikh (popular finance Youtuber) in his latest video.

Closed on the 3 bed property early March which means low rate but peak value https://www.zillow.com/homedetails/1704-Cypress-Manor-Dr-Henderson-NV-89012/52214096_zpid

Personally I’m not seeing how this makes sense as an investment. $1.33M purchase price. $5232 monthly cost, trying to rent it out for $7300/mo.

Is there really a big market for rentals like this in Vegas? And hasn’t the market turned pretty dramatically in metros like Vegas compared to many other cities since the springtime?

submitted by /u/goldmanzaddy
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Interesting case studies with all the numbers laid out from Andrei Jikh (popular finance Youtuber) in his latest video. Closed on the 3 bed property early March which means low rate but peak value https://www.zillow.com/homedetails/1704-Cypress-Manor-Dr-Henderson-NV-89012/52214096_zpid Personally I’m not seeing how this makes sense as an investment. $1.33M purchase price. $5232 monthly cost, trying to rent it out for $7300/mo. Is there really a big market for rentals like this in Vegas? And hasn’t the market turned pretty dramatically in metros like Vegas compared to many other cities since the springtime? submitted by /u/goldmanzaddy [link] [comments]

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