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Updated 8 months ago on .

User Stats

306
Posts
112
Votes
Norberto Villanueva
  • Specialist
  • La Junta, CO
112
Votes |
306
Posts

Contract For Move-in Ready Single Family Home Available For Sale - Crypto Friendly

Norberto Villanueva
  • Specialist
  • La Junta, CO
Posted


Purchase the equitable interest in this move-in ready single family home located near everything Rocky Ford, CO. Currently rented to a great,
long-term turned month-to-month tenant, this 1+ bed 1 bath home with a small detached garage has been well taken care of, perfect for the savvy investor. We are crypto friendly!

With newer mechanicals, electricals, and roof that appear to be in great shape, a low level rehab replacing older but usable carpet, cabinets, and vanities won't hurt a resale, but not necessary to rent.
,
Projected to a 6% cap rate and 1% rent to price ratio, we're showing a 6.8% cap rate and 7.6% return on equity with a $34k Capex. IRR is coming at 12%, 10.2 for GRM with financing.

Offering