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Off-market turn-key rental in Thorton, 50k under market (thornton)

Description: Discounted Townhome in Great Condition. Paint/Carpet rehab (at most)
Identical comps, more recent comps have sold for more and have been more dated. Several updated mechanical items. Well kept. Very easy buy/list, or keep as a rental. Responsible tenant in place until end of June at $1,750. Market rent closer to $2,350.

Wholesale price: $405,000
Est. ARV: $489,000 (for full ARV)
Est. As-Is value: $450,000

Property Details
-2b, 2.5ba
-Each bedroom with its own bathroom, and half-bath on the main floor
-Unfinished basement (could add bed/bath, has egress)
-2,226sqft
-Furnace & AC: Replaced 2019
-Fridge/water heater/dishwasher: Replaced 2021
-HOA $275/mo
Terms
-Closing: 4/30
-EM: 7k
-Possession: Tenant in place until 7/30 ($1,750/month)

post id: 7737793450

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