Aurora, CO Rental Assignment. 4.5 cap. Signed Lease in place
Hello there!
Looking to assign a buy and hold deal to an investor looking for a turn key property!
Cosmetic remodel and newer major systems.
Rental income: $2600
Less:
Repairs and Maintenance: $83
Utilities: $100
Insurance: $141
Taxes: $194
Management (modeled here, your choice): $208
Bad debt & Vacancy of 5% (2%, 3% respectively): $130
Price: $440k
Assignment Fee: $10k
Total Basis: $450k
4.5 cap rate at these figures.