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$915,000

For Sale - Active
3514 Copper Spring Dr, Fort Collins, CO 80528
6 Beds
4 Baths
3,894 Square Feet
0.16 Acres Lot
Built in 2002
For Sale - Active
1 Units
Checked: 9 hours ago
Updated: Jul 30, 2025 at 05:05AM

Investment Summary


Monthly Cash Flow
-$2,360
Cap Rate
2.6%
Cash-on-Cash Return
-13.5%
Debt Coverage Ratio
0.45
Internal Rate of Return (5 years)
-9.0%

Property Description


0.16 Acres Lot
Built in 2002
For Sale - Active
1 Units

Discover this stunning 6-bedroom, 4-bathroom home located in the highly desirable Fossil Lake Ranch neighborhood in Southeast Fort Collins, Colorado. Offering over 4,000 finished square feet, this spacious two-story home features a 3-car garage, a fully finished basement, and a beautifully landscaped private backyard-perfect for entertaining or relaxing. The main floor offers two living areas, a formal dining room, and a casual eat-in kitchen that overlooks the lush backyard. A dedicated main-floor home office is ideal for remote work or study. Upstairs, you'll find a luxurious primary suite with a large walk-in closet and a spa-like 5-piece ensuite bathroom, along with three additional bedrooms. The finished basement provides endless possibilities-create a home gym, guest suite, movie room, or playroom. Outdoors, enjoy the privacy of your fenced backyard with mature landscaping, a green lawn, and space for outdoor dining or play. Fossil Lake Ranch is one of Fort Collins' most sought-after communities, offering residents access to a neighborhood pool, parks, scenic trails, open space, and peaceful community ponds. Zoned for top-rated Zach Elementary, Kinard Middle School, and Fossil Ridge High School, this home is just minutes from Twin Silo Park, shopping centers, restaurants, coffee shops, and easy access to I-25 for commuters. Don't miss this rare opportunity to own a spacious, move-in ready home in a premier Fort Collins location.

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Location


Property Details


Parking

  • Description: Garage Door Opener, Oversized
  • Details: Attached
  • Garage Spaces: 3
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 6

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 17
  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Full
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Wood Siding
  • Roof Type: Gable
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • Association: Fossil Lake Ranch
  • HOA Fee: $800/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 8609228007
  • Lot Size: 6998 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2002

Tax Information

  • Annual Tax: $5,358

Utilities

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

Location

  • County: Larimer

Listing Details


Listed by:
Sarah Tyler
Kentwood RE Northern Prop Llc
(970) 800-1166

Source:
REColorado
MLS#: IR1036601
REColorado

Investment Summary


Monthly Cash Flow
-$2,360
Cap Rate
2.6%
Cash-on-Cash Return
-13.5%
Debt Coverage Ratio
0.45
Internal Rate of Return (5 years)
-9.0%

Purchase Details

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Purchase price:
$915,000
Amount financed:
-$732,000
Down payment:
$183,000
Closing costs:
$27,450
Rehab costs:
$0
Initial cash invested:
$210,450
Square feet:
3,894
Cost per square foot:
$235
Monthly rent per square foot:
$0.92

Financing Details

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Loan amount:
$732,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$4,330
Property tax:
$447
Insurance:
$252
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,029

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,600 $43,200
Vacancy loss: (6%)
6% -$216 -$2,592
Operating income:
$3,384 $40,608

Operating Expenses


% Rent Monthly Yearly
Property taxes: (12%)
12%-$447-$5,358
Insurance: (7%)
7%-$252-$3,024
Property management: (8%)
8%-$288-$3,456
Repairs & maintenance: (5%)
5%-$180-$2,160
Capital expenditures: (5%)
5%-$180-$2,160
HOA fees: (2%)
2%-$67-$804
Total operating expenses: (39%)
39%-$1,414-$16,962

Cash Flow


Monthly Yearly
Net operating income:
$1,970 $23,640
Mortgage payments:
-$4,330 -$51,960
Cash flow:
$2,360 $28,320