[All You Can Analyze Weekend]

[Connor Huebsch]

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*This link comes directly from our calculators, based on information input by the member who posted.

A quick look at a property in Aurora CO. With the potential for value Add here and a lot of space in the yard I can see this being a viable property for a house hack by adding bed/bathrooms. My rental income numbers are conservative and chose to be generous with the expenses as this is an older house. While paying only $50 a month for this property after it's all said and done I consider this a good deal in the very crowded Denver area market. 

[James Carlson]

@Connor Huebsch

The BP calculators are great. I looked into the numbers you were using in your analysis. Most looked good. (I would even say that 10% for repairs and 10% for capX is a touch high.) But I also saw you're calculating using a $300,000 home value. There's no such thing as that in Denver. Even for the least desirable areas of Aurora, that's a tough one. There are some places, but all of them are going to be 800sf type of places with 2br/1ba or 3br/1ba but no basement to expand. (I did find one 1,500sf house for $280,000 but alas, it was part of an affordable housing program.) So that's all to say that your projected rent of $2,400 on these places will be tough.