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Denver, CO Cashflow

Nice Brick Ranch, Denver CO, Cash Flow!
Denver, CO 80239
Single Family Residence This awesome property is close to shopping and transportation. It has a beautiful glass sun room attached to the back and a great yard. A one car attached garage, with a brand new professional remodel just completed. Awesome cash flow! We will have interior pics soon. The Value Proposition
Awesome brick ranch with a full basement that is fully finished. Great street and curb appeal, these properties were selling for 200k in 2003 and should reach that point again. Also giving you great cash flow in between. Professionally remodeled, everything is NEW! Interior Pics Soon to come!

Property Data

Est. FMV:
Nexus Price:
Est. Equity:
Rented?
Current Rent:
Deposit:
Yearly Taxes: SqFt.:
Price/SqFt.:
Acres:
Year Built:
# Bedrooms:
# Bathrooms:

145,000.00
$109,000.00
$36,000.00
Yes
$1,200.00
$1,000.00
$840.00 1,700
$64.12
.138
1969
5
2

Market Research & Trends The Denver real estate investment market has been heating up over the previous two quarters. The inventory of unsold homes in the Denver area plunged by 20 percent in August from a year earlier, the largest percentage drop in five years. The current inventory of 17,000 resale homes is just a few thousand units above its normal level indicating that Denver may be n the very early stages of a stabilization and possible recovery. Denver real estate as a whole has weathered the economic storm that has ravaged other markets. With a nominal drop of 2.21 percent in home prices from July 2007 to July 2008, Denver leads the nation. According to Mark Fleming, chief economist at First American CoreLogic, the nominal price declines "indicate additional stabilization in the geographic expansion of the housing market malaise. There is reason to be cautiously optimistic because the price decline stabilization we observe in this cycle is necessary before any improvement in price levels occur." The Denver market was bested only by Charlotte, NC with a drop of .74%. Another key milestone was reached near the end of last summer when commercial vacancies once again reached levels not seen since the dot-com crash of 2001. The re-absorption of prime office space once occupied by the burgeoning dot-coms has put Denver back into the position it was before the tech companies closed their doors virtually overnight.

Nexus Analytics

Posted by Chris Whittaker on 12/11/2008 06:27 PM

Comments (2)

Cash Flow Investor in the Home Buying Channel

cash flow, denver

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2 Comments on Denver, CO Cashflow

DEC

2008

Congratulations on joining Active Rain. This is a great professional networking site. Hope you enjoy this site as much as I do.

Hello and welcome to Active Rain! I encourage you to learn from others, share your knowledge and experiences with all of us, enjoy yourself, and try to log in and join us in the Active Rain community as frequently as possible. I look forward to your future blogs and comments! Take care, --Kirk.

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