These are comparable sales report on property located at 3648 Kolendo. The price ranges are between 50,000 to 140,000. Rents in this area fetch rougly 500 per month. Please call Las Vegas Realtor Jeff Mix 702-510-9625 and visit http://www.lvshortsales.com

1. GLVAR MULTIPLE DWELLING 05/26/12 9:09 PM
ML# 1245431 Status ER Area 501 L/Price $139,999
Offc REXT PubID 224032 Listing Agent a Realtor? Y
Virtual Tour
County Clark County Parcel# 162-18-213-005
Twnshp 21 Range 61 Section 18 Land Use Res-Fourplex
Legal L 16 B 1 City Las Vegas
Subdiv SPRING OAKS 5 Subdiv# 4465
YearBuilt 1977/Resale Short Sale N Foreclosure Commenced N Repo/REO N
Click here for map view
3648/KOLENDO CT Zip 89103
GENERAL INFORMATION
Bld Typ Fourplex Appx Bldg Sqft 3648 # Acres +/-0.220 Lot Dimen +/- 70X140 Total Units 4
Cost/Un $35,000 Lot Sqft 9583 No of Furnished Units
D: from decatur and twain east on twain north on kolendo
R: great investment opportunity fully rented. showing upon accepted offer
INCOME/EXPENSES/FINANCIAL INFORMATION
INCOME INFORMATION
Yrly Operating Income $28,800 Yrly Oth Income $0 Vacancy 1.00% GOI $28,512
Yrly Operating Expense $2,600 NOI $25,912
Cap Rate 18.51%
Gross Rent Multipler 4.9%
Yrly Other Income Includes NONE
OPERATING EXPENSE INFORMATION
RE Taxes $2,144 Prop Ins $800 Managmnt $240 Maintenance $100
Utilities $100 Utilities Incl Trash $50
Contrac Sv Incl Exp Sourc Owner Provided
Association Fee N Yrly Assoc Assoc Incl
Packag Avl
Earn Dep $3,000 Cash Assm $136,999 Assessed Lnd/Imprv $12,600/$39,027
Owner Will Carry Current Loan(s) Assumable?
Finance Consid Cash Only
Studio #Units 0
Talked to would possibly consider loan
Rent/UN $0 #1 Bath 0 #1.5 Bath 0 #2 Bath 0 Avg SF 0
1 Bed #Units 0 Rent/UN $0 #1 Bath 0 #1.5 Bath 0 #2 Bath 0 Avg SF 0
2 Bed #Units 4 Rent/UN $500 #1 Bath 0 #1.5 Bath 0 #2 Bath 4 Avg SF 912
3 Bed #Units 0 Rent/UN $0 #1 Bath 0 #1.5 Bath 0 #2 Bath 0 Avg SF 0
RENTAL INFORMATION
Ten Pays Restrictions
Rent Terms
BUILDING INFORMATION AND AMENITIES
Total #Bldgs 1 #Floors 2 Handicap Adapted N Roof Tile
Flooring Carpeting/Tile Constr Stucco
Total # of Parking Spaces 8.0 Parking
Appliances No Appliances
Unit Amens None
Complex Amens None Prop Condition GOOD
UTILITIES INFORMATION
Heat Sys Central Ht Fuel Electric Water Public Water Sewer Public Sewer
Cool Sys Central Sep Meter Electric
Presented by: Office Name: Orange Realty Group LLC Agent: Jeffrey Mix
GLVAR DEEMS INFORMATION RELIABLE BUT NOT GUARANTEED

2. Print Page 1 of 1
ML #: 1245431 List Price: $ 139,999
Address: 3648 KOLENDO CT
Exterior Front Exterior Front
Exterior Front
http://las.mlxchange.com/5.5.08.25119/Search/PrintPreviewDlg.asp 5/26/2012

3. Map View Page 1 of 1
1 6 8
Subject
7 5
600 yds
© 2012 Microsoft Corporation © 2010 NAVTEQ © AND
# Listing # Address Status List Price Sold Price
1 1184106 3631 KOLENDO CT Rough!!! S 50,000 50,000
2 1166600 4196 ZAVALA ST S 115,000 100,000
3 1199224 4744 ELK SPRINGS AV S 129,888 108,000
4 1169896 4609 SAND CREEK AV S 100,000 110,000
5 1206681 5268 DEL GADO DR S 130,000 110,000
6 1170392 3629 VAN DYKE AV S 140,000 123,000
7 1177363 4206 ZAVALA ST S 130,000 132,000
8 1214915 4717 SAND CREEK AV S 150,000 140,000
http://las.mlxchange.com/5.5.08.25119/Pages/OurPrint.asp 5/26/2012

4. Comparative Summary
Ref # #Bldgs #Units SqFt Year Blt Bldg Desc Lot Dimen List Price Sale Price Close Dt
1184106 1 4 3,648 1977 Fourplex 70 X 140 $ 50,000 $ 50,000 02/03/12
3631 KOLENDO CT LP/Sqft:14.00 SP/SqFt:14.00 #Floors: 2 #Furn: DOM: 127 Status:S
1166600 1 4 3,332 1981 Fourplex 72 X 100 $ 115,000 $ 100,000 12/31/11
4196 ZAVALA ST LP/Sqft:35.00 SP/SqFt:30.00 #Floors: 2 #Furn: DOM: 105 Status:S
1199224 0 4 3,688 1977 Fourplex 100 X 136 $ 129,888 $ 108,000 01/30/12
4744 ELK SPRINGS AV LP/Sqft:35.00 SP/SqFt:29.00 #Floors: 2 #Furn: DOM: 42 Status:S
1169896 1 4 3,688 1977 Fourplex 117 X 136 $ 100,000 $ 110,000 12/14/11
4609 SAND CREEK AV LP/Sqft:27.00 SP/SqFt:30.00 #Floors: 2 #Furn: DOM: 134 Status:S
1206681 1 4 3,420 1981 Fourplex 70 X 115 $ 130,000 $ 110,000 04/18/12
5268 DEL GADO DR LP/Sqft:38.00 SP/SqFt:32.00 #Floors: 2 #Furn: DOM: 45 Status:S
1170392 1 4 3,688 1977 Fourplex 70 X 150 $ 140,000 $ 123,000 01/20/12
3629 VAN DYKE AV LP/Sqft:38.00 SP/SqFt:33.00 #Floors: 2 #Furn: DOM: 34 Status:S
1177363 1 4 4,340 1984 Fourplex 72 X 100 $ 130,000 $ 132,000 01/20/12
4206 ZAVALA ST LP/Sqft:30.00 SP/SqFt:30.00 #Floors: 2 #Furn: DOM: 8 Status:S
1214915 1 4 3,688 1977 Fourplex 70 X 135 $ 150,000 $ 140,000 03/30/12
4717 SAND CREEK AV LP/Sqft:41.00 SP/SqFt:38.00 #Floors: 2 #Furn: DOM: 80 Status:S
** GLVAR Deems Information Reliable, But Not Guaranteed ** 05/26/12 9:14 PM
Total Listings: 8
Square Footage List Price Sale Price DOM SP/SQFT
Average 3,687 118,111 109,125 72 29.59
Minimum 3,332 50,000 50,000 8 13.71
Maximum 4,340 150,000 140,000 134 37.96
Median 3,688 129,944 110,000 63 30.21
These properties are your competition. A potential purchaser will compare your property to properties similar to
these when trying to decide which to buy. Take a look at these properties, if only on paper. Try to be objective
and ask yourself, "Which property is the best value?" Is it yours? If not, these other properties may sell before
yours. But don't forget that the "List Price" of these properties represent what the sellers WANT for their property,
not necessarily what they are really going to get if they sell their property. So when setting the price of your
property, don't simply look at the LIST PRICE of the other comparable properties, look at the SALE PRICE of
properties comparable to yours which actually SOLD!

5. ML #: 1184106 List Price: 50000
Address: 3631 KOLENDO CT
Exterior Front Other
Other Other
Other Other

6. Other Other
Other Other
Other Other

7. ML #: 1166600 List Price: 115000
Address: 4196 ZAVALA ST
Exterior Front Living Room
Unit A Entry Into Unit showing Living room to the lef
and kitchen and dining room to the right.
Kitchen Bedroom
Unit A showing kitchen and dining area. Unit A Bedroom with sliding glass doors.
Living Room Living Room
Unit A Bedroom #2 Unit B kitchen looking into living room

8. Living Room
Unit B Bedroom with bathroom to the right.

9. ML #: 1199224 List Price: 129888
Address: 4744 ELK SPRINGS AV
Exterior Front Exterior Front
Exterior Front

10. ML #: 1169896 List Price: 100000
Address: 4609 SAND CREEK AV
Exterior Front

11. ML #: 1206681 List Price: 130000
Address: 5268 DEL GADO DR
Exterior Front

12. ML #: 1170392 List Price: 140000
Address: 3629 VAN DYKE AV
Exterior Front Exterior Front

13. ML #: 1214915 List Price: 150000
Address: 4717 SAND CREEK AV
Exterior Front Exterior Front
Exterior Front Exterior Front
Exterior Front Exterior Front

14. Exterior Front Exterior Front

15. Comparative Summary
Ref # #Beds #Baths SqFt Year Blt Type Lot Dimen List Price Sale Price Close Dt
1239930 2 1/0/0 3,567 1977 Fourplex $ 595
3611 ALA DR # 1 Style: 2 Stories #Gar/Crpt: 0 / 0 DOM: Status: ER
1246102 2 2/0/0 3,688 1977 Fourplex $ 550
4690 SAND CREEK AV # C Style: 2 Stories #Gar/Crpt: 0 / 0 DOM: Status: ER
1247839 2 2/0/0 3,688 1977 Fourplex $ 550
4690 SAND CREEK AV # D Style: 2 Stories #Gar/Crpt: 0 / 0 DOM: Status: ER
1244410 2 2/0/0 3,648 1977 Condo/Townhouse $ 500
3623 KOLENDO CT # B Style: 2 Stories #Gar/Crpt: 0 / 0 DOM: Status: ER
1244403 2 2/0/0 3,648 1977 Condo/Townhouse $ 500
3623 KOLENDO CT # D Style: 2 Stories #Gar/Crpt: 0 / 0 DOM: Status: ER
** GLVAR Deems Information Reliable, But Not Guaranteed ** 05/26/12 9:16 PM
Total Listings: 5
Square Footage List Price Sale Price DOM
Average 3,648 539 0 0
Minimum 3,567 500 0 0
Maximum 3,688 595 0 0
Median 3,648 550 0 0
These properties are your competition. A potential renter will compare your property to properties similar to
these when trying to decide which to rent. Take a look at these properties, if only on paper. Try to be objective
and ask yourself, "Which property is the best value?" Is it yours? If not, these other properties may rentl before
yours. But don't forget that the "List Price" of these properties represent what the sellers WANT for their
property, not necessarily what they are really going to get if they rent their property. So when setting the price
of your property, don't simply look at the LIST PRICE of the other comparable properties, look at the RENTED
PRICE of properties comparable to yours which actually RENTED!

16. ML #: 1239930 List Price: $ 595
Address: 3611 ALA DR UnitNumber: 1
Exterior Front

17. ML #: 1246102 List Price: $ 550
Address: 4690 SAND CREEK AV UnitNumber: C
Exterior Front Kitchen
Kitchen Living Room
Bedroom Bathroom

18. Master Bedroom Master Bath/Spa
Master Bath/Spa

19. ML #: 1247839 List Price: $ 550
Address: 4690 SAND CREEK AV UnitNumber: D
Exterior Front Kitchen
Living Room Master Bedroom
Master Bath/Spa

20. ML #: 1244410 List Price: $ 500
Address: 3623 KOLENDO CT UnitNumber: B
Exterior Front Living Room
Other Kitchen

21. ML #: 1244403 List Price: $ 500
Address: 3623 KOLENDO CT UnitNumber: D
Exterior Front Living Room
Other Master Bedroom