5378 Swenson Street 21 Las Vegas, NV 89119
Two-unit duplex near UNLV and the Las Vegas Strip.
- Added:
- Sep 10, 2024
- Days on Market:
- 670
- Last Refresh:
- Apr 6 at 12:14 am
Property Features for 5378 Swenson Street 21
General Information
- Standard status
- Active
- Size
- 862 SF
- Lot size
- 0.06 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1976
Listing office Love Las Vegas Realty (702) 767-1771
Listing date Sep 10, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Love Las Vegas Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Dual income potential: Two units provide two separate rental incomes.
- Existing long‑term tenants generate $1750.00 in total monthly rent.
- Unit #21 features a fully remodeled kitchen with new white cabinets, stainless steel/black appliances, and designer lighting.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $17.40 |
| − Vacancy | −$825 | −$0.96 |
| EGI | $14.2k | $16.44 |
| − OpEx | −$4.3k | −$4.93 |
| NOI | $9.9k | $11.51 |
