North Denver House Hack with Separate Mother-in-Law
This property was recently remodeled with a separate basement mother-in-law suite perfect for a short term or mid-term rental. To maximize rental income we recommend operating as a short term rental during the busier summer months and mid-term rent to traveling professionals during the slower traveling months
Mid-term rental estimates are $2,550 per month. AirDNA shows over $3,000 per month.
About the property
- 6 bedroom/ 2 bath single family home
- Main Floor= 3 bed/ 1 bath
- Basement Mother-in-law= 3 bed/ 1 bath
- Private entrance to basement through the garage
- Recently remodeled
Why I like it
- High bedroom count
- Low price point
- Low renovations needed
Potential Renovations
- 2 egress windows for basement rooms
- Additional guest parking space
- Backyard landscaping and grass treatment
How do the numbers look at 7% interest rate?
What if you refinanced at 5% interest rate?
Property Highlights
Main level kitchen and living area
Main level kitchen and living area
Want to learn more?
Reach out to our team here to learn more about this and other house hacking opportunities we are seeing!
