1233 County Road 13, Brighton, CO 80603
3 Beds | 2 Baths | 2,416 SqFt | 5 acres
Turnkey, no work needed, no landlord headaches!
Unbelievable mountain views! quick access to I25 1950’s farm house with fresh paint in and out. New flooring and some original pine floors bathed in sunlight! Brand new stainless steel appliances. Mountain views from the kitchen sink, fun clawfoot tub/shower upstairs. Newer windows, electric upgraded, insulation added, roof replaced in 2019. Lovely couple acres pasture, numerous pens, sheds, and a chicken coop! Railroad car used for hay storage. (Property subject to change)
The Buyers
The buyers are a husband and wife that have owned and operated a welding business for 20 years. They have also lived and rented the same home for 20 years and never missed a payment. They decided to buy a home of their own and went through underwriting with a lender. They have good income and good credit but the lender says that they need to open and use a third trade line for one full year in order to qualify. That will allow them a bank statement loan with 10% down plus closing costs and 6 months reserves for mortgage payments.
The Numbers
Money from Tenant-Buyer: $50,000 NET amount from Investor: $82,000 | BUY: $536,000 SELL: $590,000 |
Cash Flow: $500/mo ROI: 58% / IRR: 41% | TERM: 1-2 years PROFIT: $47,500 |
Hybrid Real Estate Investing – A Better Way To Invest In Real Estate
The Hybrid REI Model Gives Real Estate Investors What They Really Want!
- Cash Now: We bring you a property with a tenant buyer already in place and ready to move in the day you close. They pay a non-refundable option fee to purchase the property. And the best part is you own the property and retain the tax benefits until the tenant exercises their option to purchase.
- Cash Flow: We have vetted the buyer who has good income and will be responsible for the maintenance and repairs, so no need for property management and all of the cash flow goes to the bottom line.
- Cash Later: Then you sell at the appreciated price when the tenant secures their own mortgage within a predetermined time frame (12-36 months) with the help of our team. They are now proud homeowners and your increased capital is freed up to do another deal!
Interested?
Please schedule a call with our team ASAP to discuss acquiring this deal. Our deals usually go pretty quick, so please schedule with us now if you’re interested.
Book a call with me at -> https://hybridrealestateinvesting.com/call or fill out the form below and we’ll be in touch.
Hybrid Investor Contact Form
Investor Referral Program
Who else do you know that might like to passively earn a double-digit return with income producing real estate? With our “Investor Referral Program” you get a $1,000 referral bonus – And you get that for every deal they do with us, not just the first one!