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Updated about 8 years ago on . Most recent reply

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1,885
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Zach Lemaster
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
3,664
Votes |
1,885
Posts

Nice Turnkey Rental: 29% ROI, $300/mo Cash Flow. Only $12K down!

Zach Lemaster
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
Posted

Price: $60,000

SELLER FINANCING AVAILABLE!!!

Appraised: $78,000 (Enter with $18,000 equity)

Rent: $750/mo, $9,000/yr

NOI: $525/mo, $6,300/yr

Down Payment: $12,000

Mortgage Payment: $243/mo

Operating Expenses: $225/mo

Cap rate: 10.5%

Cash Flow (financed): $292/mo, $3,384/yr

CoC ROI w/ financing: 29% Financing: 20% down, 4.5%, 30yr

3bd/2ba, 1138 sq ft, Built 1952, B+ Neighborhood, Fully Renovated, Rented w/ 1yr lease 

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Rent To Retirement
5.0 stars
275 Reviews
Offering

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