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3601 E Wyoming Ave #142
D Composite 43.34
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Livability +2.9/5.0
  • Rent growth +2.8/5.0
  • Schools +2.6/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$3,700

3601 E Wyoming Ave #142 · Sunrise Manor, NV 89104
2 bd · 1.0 ba · 768 sqft · SingleFamily · 25 Days on market
Built 2026

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This 2 bedroom, 1.5 bathroom home is located in the Maycliff Estates community. The home includes a covered porch and a covered driveway and is situated in a quieter area of the neighborhood. The property may require updates and maintenance. Community amenities include a swimming pool, hot tub, pickleball courts, barbecue area, and putting green. The community also features a newly renovated clubhouse.

Key facts

  • Covered porch
  • Hot tub
  • Pickleball courts

Tags

COVERED PORCHCOVERED DRIVEWAYSWIMMING POOLHOT TUBPICKLEBALL COURTSBARBECUE AREA

Property features AI

Finance

  • Financial info: Listing price $3,700

Exterior

  • Home design: Single section, 2 bed 1 bath plan; Spec inventory type

Interior

  • Bedrooms: 2 bedrooms
  • Bathrooms: 1 bathroom
  • Interior features: Dishwasher; Disposal; Refrigerator

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $4k.

Deal economics

  • At list price, monthly cash flow is $1k ($14k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $4k).
  • Recommended offer: $4k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 58/100 on livability (#83 in NV) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, crime F.
  • Clark County School District (urban): math 21% / reading 39% proficiency, ranked #11 of 17 in NV (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+1.2%/yr); 146 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 14,754 units permitted in Clark County in 2024 (2,301 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($52k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $26 of loan paydown is wiped out by about $111 of value loss. Plan a longer hold.
  • Clark County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 1.2% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 25 days — a 2% lower offer ($4k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 5→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $3,644 (1.5% below list)

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
39.64%
Cap rate
373.83%
Cash-on-cash
1312.63%
DSCR
59.40
GRM
0.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.18% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
67.56×
Total profit
$68,960
Equity at exit
$552
10-year hold
IRR
Equity multiple
138.68×
Total profit
$142,640
Equity at exit
$320

Cash invested: $1,036 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
71 Landlord-Friendly
State Nevada
71 Landlord-Friendly · R+1
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; Clark County (Vegas) had pandemic backlogs; generally landlord-friendly but courts slow.

ZIP-level market 89104

Rents YoY
1.2%
Active inventory
146
Price-to-rent
0.2×

Monthly cashflow live

Estimated rent
$1,467 high interval (Pro) →
Mortgage (P&I)
$19
Tax est. 1.5%
$5 /mo · $56/yr
Insurance
$2
HOA
$0
Vacancy / Maint / Mgmt
$308
Net cashflow
$1,133

Break-even live

Break-even rent $32
Max offer price $3,700
Occupancy floor 18%

Sensitivity live

Price -10% $1,136 -5% $1,135 +0% $1,133 +5% $1,132 +10% $1,131
Rent -10% $1,017 -5% $1,075 +0% $1,133 +5% $1,191 +10% $1,249
Rate -1.0pp $1,135 -0.5pp $1,134 base $1,133 +0.5pp $1,132 +1.0pp $1,131

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$925
Closing costs
$111
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3601 E Wyoming Ave Spc 527 Las Vegas, NV 2.0 1.0 832 $1,679 $2.02 44d 1 0.02mi
3601 E Wyoming Ave Unit 236 Las Vegas, NV 2.0 2.0 924 $1,399 $1.51 12d 1 0.02mi
3601 E Wyoming Ave Unit 46 Las Vegas, NV 2.0 2.0 960 $1,749 $1.82 44d 1 0.02mi
3601 E Wyoming Ave Unit 411 Las Vegas, NV 2.0 2.0 896 $1,729 $1.93 44d 1 0.02mi
1341 Oahu St Unit B Las Vegas, NV 2.0 1.0 832 $1,275 $1.53 24d 1 0.39mi
3655 E Sahara Ave Las Vegas, NV 1.0–2.0 1.0 775 $1,260 $1.63 24d 10 0.39mi
1150 June Ave Las Vegas, NV 3.0 2.0 1096 $2,800 $2.55 44d 1 0.40mi
1755 Palm St Las Vegas, NV 1.0–2.0 1.0 775 $1,356 $1.75 3d 10 0.41mi
3411 Center Dr Las Vegas, NV 2.0 2.0 1037 $1,225 $1.18 24d 1 0.52mi
3411 Center Dr Unit A Las Vegas, NV 2.0 2.0 1034 $1,225 $1.18 21d 1 0.52mi
2627 S Lamb Blvd #233 Las Vegas, NV 2.0 1.0 896 $1,669 $1.86 44d 1 0.68mi
2627 S Lamb Blvd #81 Las Vegas, NV 2.0 2.0 1056 $1,939 $1.84 44d 1 0.68mi
53 Maya St Las Vegas, NV 3.0 1.0 1018 $1,695 $1.67 44d 1 0.72mi
2800 Fremont St Las Vegas, NV 2.0 1.0–2.0 771 $1,660 $2.15 4d 11 1.01mi
277 N Lamb Blvd Unit C Las Vegas, NV 2.0 2.0 978 $1,100 $1.12 3d 1 1.14mi
277 N Lamb Blvd Las Vegas, NV 2.0 2.0 978 $1,195 $1.22 13d 1 1.14mi
2416 Clifford Ave Unit 119 Las Vegas, NV 2.0 1.0 730 $995 $1.36 24d 1 1.14mi
4220 Stewart Ave Las Vegas, NV 1.0 1.0 550 $940 $1.71 44d 1 1.18mi
4450 Karen Ave Las Vegas, NV 2.0 2.0 975 $1,432 $1.47 8d 11 1.20mi
259 N Lamb Blvd Unit A Las Vegas, NV 2.0 2.0 984 $1,285 $1.31 8d 1 1.22mi
2137 E Saint Louis Ave Las Vegas, NV 3.0 1.0 1028 $1,700 $1.65 44d 1 1.22mi
4555 E Sahara Ave Las Vegas, NV 2.0 2.0 1073 $1,175 $1.10 44d 4 1.24mi
4555 E Sahara Ave Las Vegas, NV 2.0 2.0 1073 $1,188 $1.11 24d 3 1.24mi
76 N 27th St Unit B Las Vegas, NV 2.0 2.0 1088 $1,150 $1.06 12d 1 1.25mi
4555 E Sahara Ave #284 Las Vegas, NV 2.0 2.0 1073 $1,250 $1.16 8d 1 1.25mi
111 Greenbriar Townhouse Way Las Vegas, NV 1.0 1.0 660 $1,295 $1.96 21d 1 1.27mi
2937 Stewart Ave Unit 1 Las Vegas, NV 2.0 2.0 970 $950 $0.98 44d 1 1.28mi
4550 Karen Ave Las Vegas, NV 2.0–3.0 1.0–2.0 988 $1,215 $1.23 16d 11 1.29mi
457 N Lamb Blvd Unit B Las Vegas, NV 1.0 1.0 599 $1,000 $1.67 21d 1 1.30mi
429 N Lamb Blvd Las Vegas, NV 1.0 1.0 599 $1,500 $2.50 44d 1 1.33mi
2129 Ballard Dr Las Vegas, NV 2.0 1.0 769 $1,300 $1.69 24d 1 1.33mi
425 N Lamb Blvd Las Vegas, NV 1.0 1.0 599 $1,500 $2.50 44d 1 1.35mi
4701 E Sahara Ave Las Vegas, NV 1.0–2.0 1.0 878 $1,325 $1.51 3d 9 1.36mi
2773 Sidewinder Ln Unit B Las Vegas, NV 2.0 2.0 918 $1,000 $1.09 18d 1 1.36mi
2900 Marlin Ave Unit B Las Vegas, NV 2.0 1.0 750 $1,175 $1.57 44d 1 1.38mi
4648 Krissylouise Way Las Vegas, NV 2.0 1.0 792 $1,240 $1.57 17d 1 1.38mi
4700 E Charleston Blvd Las Vegas, NV 1.0–3.0 1.0–2.0 935 $1,198 $1.28 24d 15 1.39mi
3135 S Mojave Rd Las Vegas, NV 1.0–2.0 1.0–2.0 855 $1,728 $2.02 3d 10 1.39mi
405 N Lamb Blvd Las Vegas, NV 1.0 1.0 599 $1,000 $1.67 44d 1 1.39mi
2771 S Mountain Vista St Unit B Las Vegas, NV 2.0 2.0 900 $1,099 $1.22 23d 1 1.40mi

Listing history 13 events

  1. 2026-06-21
    days on market $3,700 Active 25 DOM
  2. 2026-06-18
    days on market $3,700 Active 22 DOM
  3. 2026-06-17
    days on market $3,700 Active 21 DOM
  4. 2026-06-16
    days on market $3,700 Active 20 DOM
  5. 2026-06-15
    days on market $3,700 Active 19 DOM
  6. 2026-06-13
    days on market $3,700 Active 17 DOM
  7. 2026-06-09
    days on market $3,700 Active 13 DOM
  8. 2026-06-08
    days on market $3,700 Active 12 DOM
  9. 2026-06-08
    days on market $3,700 Active 11 DOM
  10. 2026-06-03
    days on market $3,700 Active 7 DOM
  11. 2026-06-02
    days on market $3,700 Active 6 DOM
  12. 2026-06-01
    days on market $3,700 Active 5 DOM
  13. 2026-05-31
    days on market $3,700 Active 4 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌡 Heat 8/10 Severe
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,602
− Mortgage interest
−$207
− Property taxes
−$56
− Insurance
−$18
− Repairs & maintenance
−$1,408
− Management
−$1,408
− Depreciation
−$108
Taxable income
$14,397
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,455
After-tax cash flow
$10,144/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Clark County School District
NCES district ID
3200060
Math proficiency
21% ▼ -13.00%
Reading proficiency
39% ▼ -8.00%
Median HH income
$53,611
Composite
26.48/100
National rank
#7211
State rank
#11 of 17 in NV

Livability — Sunrise Manor

Score
58/100
State rank
#83
US rank
#20692

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D Housing A+ Health & safety F User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Sunrise Manor, NV
County
Clark County · 2,306,105 people
City population
102,557
Metro
Las Vegas-Henderson-Paradise, NV
Population (ZIP)
39,937
Household income
$52,228
Rent vs Own
57.8% rent · 42.2% own
Severe rent burden
2715.0

Population outlook (Clark County) Hauer SSP2

Today (2025)
2,504,101 people
By 2030
2,693,770 · +7.6%
By 2040
3,061,208 · +22.2%
By 2050
3,400,072 · +35.8%
By 2075
4,139,522 · +65.3%
By 2100
4,596,916 · +83.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
Hispanic / Latino 59% White 21% Two or more races 19% Black 9% Asian 5% Native American 4%
Hispanic origin (detail)
Mexican 45% Cuban 5%
Common ancestry
Lithuanian 1% Romanian 1% Slovak 1%
Foreign-born
32% · Canada, South Korea, Jamaica
Languages at home
45% English-only · Spanish 48% Tagalog/Filipino 3% Other Asian/Pacific 1%

Political lean MEDSL · Clark

2024 margin
Toss-up / Even · D 50.4% · R 47.8% · Other 1.7%
2008→2024 swing
-16.5pp toward R · 2008: 19.1pp · 2024: 2.6pp
All cycles
2024: D+2.6 2020: D+9.3 2016: D+10.7 2012: D+14.5 2008: D+19.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -262.16%
Current HPI
305.4172
Rent YoY
▲ 1.18%
Metro
Las Vegas-Henderson-Paradise, NV
State GDP YoY
▲ 3.08%
F500 in state
6

Industry mix (Fortune 500 HQ in NV)

Industry F500 HQs Revenue

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…