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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