We helped another client buy a long term rental in Denver!
- 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
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!
Looking to Build Wealth with Real Estate?
If you are, then let’s grab a cup of coffee and explore options. Good deals are out there!