Denver Deal Review : 3/1 Condo in Lakewood

•October 3, 2017

Denver Deal Review: 3/1 Condo in Lakewood

We helped another client buy a long term rental in Denver!

Executive Summary

Closed on 9/27/17
Originally listed at $195,000 (overpriced)
Purchased f0r $165,000
14% cash-on-cash | 8.3 cap rate with 8% property management fee
Or 18% cash-on-cash | 9.3 cap rate for self managing.
$1700/mo rent

Full Details

Charles and I discuss this case study in depth on a webinar. Watch the video below for a full discussion. The video starts at the correct spot for discussing this deal. There’s no need to skip around!

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Start analyzing your Colorado investment properties today

Rental Property Spreadsheet • House Hacking Spreadsheet BRRRR Calculator Spreadsheet • Fix and Flip Deal Analyzer Investing Maps • Rehab Pricing Estimator

Download the Toolkit

Authors

Chris Lopez

Chris Lopez is a Denver area real estate entrepreneur and investor, as well as the host of Bigger Pockets’ House Hackerz and the Denver Real Estate Investing Podcast.

Executive Summary

Full Details

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