Yampa Street

TYPE: Fix and Flip

CASH INVESTED:  $215,000.00

CASH RETURNED:  $250,220.00 

DAYS: 90

YIELD (annualized):  66.4%

Purchase price:  $170,000 


Sale price:  $260,000


Renovation:  ~$28,550


Summary:  Property was a beater that had been rented out for years. Easy renovation, as it's just interior work - new kitchen, new bathrooms, paint, floor, carpet, doors, hardware.  Property sold  for $10K over-asking price for $260K.  90 days exactly of turnaround.  Nice!



MLS Description:

Come and see it! There is no better value for these finishes in the metro area. This cozy end-unit home features two oversized bedrooms. Brand new quartz countertops, new appliances, new cabinets, new lighting, newer windows, new carpet and flooring, and freshly painted! New water heater as well. Both bathrooms have been renovated from top to bottom, the master bathroom boasts a full bathtub and shower. Private garage parking included. It won't last long, so come have a look!