Cashflowing Subto at 3.75%!! Amazing property with AirBnb option

$449,000 • 4 Beds / 2 Baths • 1,678 SqFt
Offer Submission Deadline
  • Single Family House
  • 4
  • 2
  • 1678
  • Detached Garage

Description

**SEND INQUIRY FOR ADDRESS AND WALKTHROUGH TIMING**


Turn-key subto with amazing terms. Westwood neighborhood of Denver. Low entry and interest rate. Currently set up as AirBnb doing mid-term rentals


One bedroom locked off with kitchenette and separate entrance makes over $2000/mo. Entire home can be MTR or set back to 4bd/2ba for LTR


The Details



The Deal

  • Asking $439,000. Buy it now $449,000.
  • $29k entry fee at closing ($39k Buy it Now)
  • Additional $7.5k paid to sellers at 6 months and 12 months
  • ~$395,000 taken subject-to at 3.75%. $2474 PITI
  • Accepting offers through Thursday 12/5 at 10am. Best offer selected Friday 12/6
  • Earnest money $10,000 holds the deal (submitted to First Integrity Title non-refundable)
  • Closing 12/19/2024 or sooner

Estimated Spread

  • ARV $520,000
  • Price $439,000
  • Spread $81,000

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