The following are listed on the MLS - my
Broker/Owner and I show them. Buyer responsible for structural
check, though all feel/look reasonable, as well as sewer line
check. Referral fee: greater of $100 or 15% of my
research fees. Best Investing,
Kent, 303-770-4022
*** CALL FOR ADDRESSES ***
*** Sell your 35%+ gross profit property
here at no fee (I just mark it up a bit) ***
*** Under 35% gross
profit? Make it a "Turnkey Rental" with my No-Risk Management Program ***
*** 5 other 2 x 1 x 1's in the same area,
under $75K, including a corner R-2 Scraper! ***
*** PRIVATE MONEY available to
fund these investments ***
ALL properties below are zoned R-2* and
are in Southwest Denver, 80219 north of Mississippi:
The PDFs contain the MLS Listing, Property Record, Assessor's Sales Comparison, and MLS Comps list.
Options:
RENTAL CASH FLOW NOW
SCRAPE'n'BUILD
A MULTI-PLEX NOW or LATER
SELL RETAIL!
UNDER
CONTRACT >>> Property R2-10 - see www.ProsperSystems.biz/Listing-R2-10.pdf
$62,900 MLS price >>> $59,755
4 x 1 x large off-street parking (been listed as 2 and 3-bedroom with a
garage). built 1942
930 SF interior + 125 SF enclosed porch, 6500 SF lot
3-Month Comps: 2, $70-121K, neither R2;
Assessor Value: $130K
BONUSES: 4 bedrooms!, large storage closet off kitchen, enclosed porch,
brick oven in back patio, large front deck, large parking area
REHAB:
RENTING: Deep clean rugs, stove, fridge, remove blinds, modest clean
up, weeding, 8' 2x4 on deck, 5yd chain link pipe and 1 post at corner, porch
window, weeding (about $2.5K)
RETAIL: Porch door screen, rugs, paint, blinds, bath cabinet
(add $2.5K)
RENTING:
$1200 median rent. Financing full price + rent rehab,
PITI = $457, min cashflow = $742!!
(20% down yields 83.5% annual ROI**) This
is a great candidate for my No-Risk Management Program
UNDER
CONTRACT >>> Property R2-18 - see www.ProsperSystems.biz/Listing-R2-18.pdf
$64,900 MLS price >>> $55K!
2 x 1 x 1-car detached, oversized, built 1921, 742 SF interior, 9370 SF
lot
3-Month Comps: 7, $46-115K, none R2; Assessor
Value: $140K
REHAB: RENTING: Fridge, stove, porch and
window sill paint, tub plumbing accessed through bedroom, deep clean/stretch
rugs, paint, repair chimney top, weeding (about $3K)
RETAIL: Rugs, back door window (add $2K)
RENTING:
$775 median rent. Financing full price + rent rehab,
PITI = $475, min cashflow = $300!
(20%
down yields 35% annual ROI)
UNDER
CONTRACT >>>
Property R2-12 - see www.ProsperSystems.biz/Listing-R2-12.pdf
$68,000 MLS price <<< UNDER CONTRACT
2 x 1 x 1-car detached, built 1951, 712 SF interior, 9010 SF
lot
3-Month Comps: 7, $46-115K, none R2; Assessor
Value: $153K
BONUSES:
All hardwood floors, 50 x 180 lot, gate to paved alley, strong garage, vaulted
ceiling + fan in living room
REHAB:
RENTING/RETAIL: De-Winterize, Fridge interior base, tub
front cleaned off. new 10 x 8 gate in back fence, no rugs to clean, touch
up paint, weeding (about $2.5K)
RENTING:
$775 median rent. Financing full price + rehab,
PITI = $490, min cashflow = $285!
(20% down yields 31.4% annual ROI)
Best Wishes,
Kent
Kenton Johnson, 303-770-4022 / 888-4KENTON
www.ProsperSystems.biz www.ExcellentHouses.com
www.KentonJohnson.com
* R-2
Multi-Unit Dwellings, Low Density, Denver: Typically duplexes and triplexes. Home occupations are allowed by
permit. Minimum of 6,000 square feet of land required for each duplex structure
with an additional 3,000 square feet required for every unit over 2.
** ROI = return on investment - negotiating a lower Price
increases the ROI about double the Price discount
for more
information, contact Kent, 303-770-4022 * Kenton@ExcellentHouses.com