Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$599,000

Sold
1544 Cottonwood Ave, Lafayette, CO 80026
3 Beds
4 Baths
1,705 Square Feet
0.05 Acres Lot
Built in 2007
Sold
Units n/a
Checked: 5 hours ago
Updated: Jun 18, 2025 at 01:04AM

Investment Summary


Monthly Cash Flow
-$1,256
Cap Rate
3.8%
Cash-on-Cash Return
-10.9%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-6.6%

Property Description


0.05 Acres Lot
Built in 2007
Sold
Units n/a

Rarely available end unit with thousands in upgrades and fantastic mountain views. Light and bright with hardwood floors, 3 bedrooms, 4 bathrooms and an attached 2 car garage. Cherry kitchen cabinets with Corian countertops and stainless steel appliances. Primary bedroom with views of Longs Peak and bath with Italian marble tiles. A short walk to Waneka Lake and close to Indian Peaks Golf Course, downtown Lafayette and downtown Louisville.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Garage Door Opener
  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Partial): 1
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 4
  • Basement Description: Full

Exterior Features

  • Exterior Walls Materials: Marble
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Townhouse

Lot Information

  • Parcel ID: 146534050008
  • Lot Size: 2393 sqft

Property Information

  • Property Type: Multi Family
  • Year Built: 2007

Tax Information

  • Annual Tax: $3,098

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air
  • Cooling: Central Air

Location

  • County: Boulder

Listing Details


Listed by:
Mark Bossert
Bossert Residential LLC
(303) 589-2677

Source:
REColorado
MLS#:
REColorado

Investment Summary


Monthly Cash Flow
-$1,256
Cap Rate
3.8%
Cash-on-Cash Return
-10.9%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-6.6%

Purchase Details

Find an Agent

Purchase price:
$599,000
Amount financed:
-$479,200
Down payment:
$119,800
Closing costs:
$17,970
Rehab costs:
$0
Initial cash invested:
$137,770
Square feet:
1,705
Cost per square foot:
$351
Monthly rent per square foot:
$1.82

Financing Details

Find a Lender

Loan amount:
$479,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$3,137
Property tax:
$258
Insurance:
$217
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,612

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,100 $37,200
Vacancy loss: (6%)
6% -$186 -$2,232
Operating income:
$2,914 $34,968

Operating Expenses


% Rent Monthly Yearly
Property taxes: (8%)
8%-$258-$3,098
Insurance: (7%)
7%-$217-$2,604
Property management: (8%)
8%-$248-$2,976
Repairs & maintenance: (5%)
5%-$155-$1,860
Capital expenditures: (5%)
5%-$155-$1,860
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (33%)
33%-$1,033-$12,398

Cash Flow


Monthly Yearly
Net operating income:
$1,881 $22,572
Mortgage payments:
-$3,137 -$37,644
Cash flow:
$1,256 $15,072