People ask all the time about investing outside of Denver in Colorado Springs or Pueblo. So, we decided to put together an analysis of nine properties across the three different markets. Charles Roberts has researched and toured properties in Pueblo and Colorado Springs. And, of course, Denver. View all the numbers at https://www.DenverInvestmentRealEstate.com/podcast55
People ask all the time about other markets in Colorado. So, we decided to put together an analysis of properties across the three different markets. Charles Roberts has researched and toured properties in Pueblo and Colorado Springs. And, of course, Denver.
Here’s what the webinar focuses on:
Brief market statistics for each market (Watch / listen to the recording for market stats and details) An analysis of properties from each market. Note: Listen to the podcast or watch the YouTube video (at the bottom of this post) recording for all the details and commentary.
If you have any questions or want to explore or buy investment property in Denver, Colorado Springs, or Pueblo, then reach out to us.
YouTube Recording of Webinar VIDEO Pueblo Real Estate Investing Analysis 700 Wilson Ave – Duplex Property Address 700 Wilson Ave. Number of Units 2 Down Payment Percentage 25% Purchase Price 234000 Acquisition Costs 2000 Loan Costs 1395 Down Payment 58500 Mortgage Balance 175500 Initial Repair Costs 2000 Total Initial Investment 63895 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month 0 MONTHLY Rental Income Per Unit Unit #1 1250 Unit #2 900 Unit #3 Unit #4 Total Rental Income 2150 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 711 Property Insurance 1200 Property Management Repairs and Maintenance 1200 Utilities (If paid by owner) – Water and Sewer 1680 – Trash – Electric Landscaping HOA Dues
700 Wilson Ave – Cash Flow Analysis Annual Cash Flow Before Taxes $8089.59 Cash-on-Cash Rate of Return 13% CAP Rate 8.4% GRM – Gross Rent Multiplier 109.8 5 Year After-Tax Return 19.4%
1741 E Orman Ave Pueblo, CO 81004 Property Address 1741 E. Orman Ave. Number of Units 1 Down Payment Percentage 25% Purchase Price 150000 Acquisition Costs 2000 Loan Costs 1395 Down Payment 37500 Mortgage Balance 112500 Initial Repair Costs 2000 Total Initial Investment 42895 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month 0 MONTHLY Rental Income Per Unit Unit #1 1000 Unit #2 Unit #3 Unit #4 Total Rental Income 1000 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 547 Property Insurance 900 Property Management Repairs and Maintenance 800 Utilities (If paid by owner) – Water and Sewer 0 – Trash – Electric Landscaping HOA Dues
1741 E Orman Ave Pueblo – Cash Flow Analysis Annual Cash Flow Before Taxes 1698.25 Cash-on-Cash Rate of Return 4% CAP Rate 6.0% GRM – Gross Rent Multiplier 152.0 5 Year After-Tax Return 12.9%
2302 N Main St Pueblo, CO 81003 Property Address 2302 N. Main St. Number of Units 1 Down Payment Percentage 25% Purchase Price 149000 Acquisition Costs 2000 Loan Costs 1395 Down Payment 37250 Mortgage Balance 111750 Initial Repair Costs 2000 Total Initial Investment 42645 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month 0 MONTHLY Rental Income Per Unit Unit #1 1200 Unit #2 Unit #3 Unit #4 Total Rental Income 1200 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 957.04 Property Insurance 1200 Property Management Repairs and Maintenance 1000 Utilities (If paid by owner) – Water and Sewer 0 – Trash – Electric Landscaping HOA Dues
2302 N Main St – Cash Flow Analysis Annual Cash Flow Before Taxes 3117.90 Cash-on-Cash Rate of Return 7% CAP Rate 7.0% GRM – Gross Rent Multiplier 125.8 5 Year After-Tax Return 15.0%
2415 N Grand Ave Pueblo, CO 81003 Property Address 2415 N. Grand Ave. Number of Units 1 Down Payment Percentage 25% Purchase Price 133000 Acquisition Costs 2000 Loan Costs 1395 Down Payment 33250 Mortgage Balance 99750 Initial Repair Costs 0 Total Initial Investment 36645 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month 0 MONTHLY Rental Income Per Unit Unit #1 1000 Unit #2 Unit #3 Unit #4 Total Rental Income 1000 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 525 Property Insurance 1200 Property Management Repairs and Maintenance 800 Utilities (If paid by owner) – Water and Sewer 0
2415 N Grand Ave – Cash Flow Analysis Annual Cash Flow Before Taxes 2265.12 Cash-on-Cash Rate of Return 6% CAP Rate 6.7% GRM – Gross Rent Multiplier 133.0 5 Year After-Tax Return 15.2%
Colorado Springs Real Estate Investing Analysis 4313 Marlow CR, Colorado Springs, CO, 80916 Property Address 4313 Marlow Circle Number of Units 1 Down Payment Percentage 25% Purchase Price 210000 Acquisition Costs 2000 Loan Costs 1395 Down Payment 52500 Mortgage Balance 157500 Initial Repair Costs 0 Total Initial Investment 55895 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month 0 MONTHLY Rental Income Per Unit Unit #1 1600 Unit #2 Unit #3 Unit #4 Total Rental Income 1600 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 418 Property Insurance 1000 Property Management Repairs and Maintenance 800 Utilities (If paid by owner) – Water and Sewer 0 – Trash – Electric Landscaping HOA Dues
4313 Marlow CR – Cash Flow Analysis Annual Cash Flow Before Taxes 5585.35 Cash-on-Cash Rate of Return 10% CAP Rate 7.6% GRM – Gross Rent Multiplier 131.3 5 Year After-Tax Return 18.3%
3914 Constitution Ave, Colorado Springs, CO 80909 Property Address 3914 Constitution Ave. Number of Units 1 Down Payment Percentage 25% Purchase Price 199900 Acquisition Costs 2000 Loan Costs 1395 Down Payment 49975 Mortgage Balance 149925 Initial Repair Costs 0 Total Initial Investment 53370 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month 0 MONTHLY Rental Income Per Unit Unit #1 1550 Unit #2 Unit #3 Unit #4 Total Rental Income 1550 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 644 Property Insurance 300 Property Management Repairs and Maintenance 800 Utilities (If paid by owner) – Water and Sewer 0 – Trash – Electric Landscaping HOA Dues 3120
3914 Constitution Ave – Cash Flow Analysis Annual Cash Flow Before Taxes 2871.3 Cash-on-Cash Rate of Return 5% CAP Rate 6.4% GRM – Gross Rent Multiplier 129.0 5 Year After-Tax Return 15.4%
3510 Queen Anne Way, Colorado Springs, CO 80917 Property Address 3510 Queen Anne Way Number of Units 1 Down Payment Percentage 25% Purchase Price 184500 Acquisition Costs 2000 Loan Costs 1395 Down Payment 46125 Mortgage Balance 138375 Initial Repair Costs 0 Total Initial Investment 49520 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month 0 MONTHLY Rental Income Per Unit Unit #1 1500 Unit #2 Unit #3 Unit #4 Total Rental Income 1500 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 617 Property Insurance 300 Property Management Repairs and Maintenance 800 Utilities (If paid by owner) – Water and Sewer 0 – Trash – Electric Landscaping HOA Dues 2376
3510 Queen Anne Way – Cash Flow Analysis Annual Cash Flow Before Taxes 3837.65 Cash-on-Cash Rate of Return 8% CAP Rate 7.0% GRM – Gross Rent Multiplier 123.0 5 Year After-Tax Return 16.8%
Denver Real Estate Investing Analysis 18986 E 57th Pl #E Denver, CO 80249 Property Address 18986 E. 57th Place #E Number of Units 1 Down Payment Percentage 25% Purchase Price 250000 Acquisition Costs 2000 Loan Costs 1395 Down Payment 62500 Mortgage Balance 187500 Initial Repair Costs 0 Total Initial Investment 65895 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month 0 MONTHLY Rental Income Per Unit Unit #1 1888 Unit #2 Unit #3 Unit #4 Total Rental Income 1888 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 1235 Property Insurance 300 Property Management Repairs and Maintenance 800 Utilities (If paid by owner) – Water and Sewer 0 – Trash – Electric Landscaping HOA Dues 2484
18986 E 57th Pl – Cash Flow Analysis Annual Cash Flow Before Taxes 4279.6 Cash-on-Cash Rate of Return 6% CAP Rate 6.7% GRM – Gross Rent Multiplier 132.4 5 Year After-Tax Return 16.4%
17689 E Loyola Dr #D Aurora, CO 80013 Property Address 17689 E. Loyola Ave. #D Number of Units 1 Down Payment Percentage 20% Purchase Price 227000 Acquisition Costs 2500 Loan Costs 3211 Down Payment 45400 Mortgage Balance 181600 Initial Repair Costs 0 Total Initial Investment 51111 Mortgage Interest Rate 5.250% Mortgage Term (years) 30 Extra Principal per Month MONTHLY Rental Income Per Unit Unit #1 1800 Unit #2 Unit #3 Unit #4 Total Rental Income 1800 Vacancy Factor 5% Annual Rent Increase 4% Annual Appreciation Rate 5.0% ANNUAL Operating Expenses Real Estate Taxes 818 Property Insurance 300 Property Management 0 Repairs and Maintenance 800 Utilities (If paid by owner) – Water and Sewer – Trash – Electric Landscaping HOA Dues 2100
17689 E Loyola Dr – Cash Flow Analysis Annual Cash Flow Before Taxes 4468.37 Cash-on-Cash Rate of Return 9% CAP Rate 7.3%
If you have any questions or want to explore or buy investment property in Denver, Colorado Springs, or Pueblo, then reach out to us.
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