Rent-by-the-Room Deal Analysis

[Eric DeNardo]

Hey All, 

With higher prices and current interest rates, investors are looking to different strategies to make deals work. Here's a breakdown for a rent-by-the-room investment property in Denver: 

- 6 beds/ 3 baths

- Purchased in March 2024

-Monthly Income: $5,300: Master: $1000; 2 large bedrooms upstairs $900; 2 bedrooms in basement: $850 and one small bedroom for $800

-$300 Reserves

-$3500 Mortgage Payment

-avg $500 in utilities

=$1000 in monthly cash flow!