Pueblo West CO 2.5 Acre Horse Ranch - 5 Bed 4 Bath 30 - 40k Flip

[Brian Rudderow]

After Repair Value - $280,000

Estimated Repair Costs - $10,000

Sale Price $212,000

Estimated Net Profit - $25,000 - $40,000 On A Fix And Flip

Estimated Monthly Rent - $2,100 Per Month - $200 - $400 Per Month Cashflow (depending on type of loan)

Great below market, non MLS investment property, set at a true wholesale price. Fix or flip for a $25k - $40k net profit, or cashflow at $200 - $400 per month as a rental. Excellent opportunity to get into a hot market with steady growth...this property will easily be worth $300k in a year or two with the current market trajectory.

Needs minor rehab - Minor electric in detached garage, carpet and paint upstairs and in hallway, ceiling patching in living room from old plumbing leak (that has been successfully repaired), and other minor touching up, door replacing, and more.

This is a fantastic home for the horse lover in you, great location on the south side of HWY 50 in Pueblo West . Super nice entry with custom tile work for your enjoyment . Lots of room for friends and family 2482 finished square feet of living space . Great mountain views and on paved streets both ways . Newer carpet and tile floors . Newer furnace and water heater as well . No work to do here just move in and enjoy the setting . The back yard has a huge patio and sand box

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FACTS
Lot: 2.57 acres
Single Family
Built in 1996
Last sold: Dec 2014 for $240,000