About the areaBuyer TipsInvestment May 4, 2011

Price Reduction On A Great Investment!

I wanted to let you know that one of my listings that we currently manage has received a price reduction! It is a 3 bedroom 2 bath that we have managed for 4 years and have never had any vacancy. A new lease for $1350/month through July 31st, 2012 has just been signed on it so along with the price reduction the estimated monthly cashflow numbers (after ALL costs including debt servicing, management, and maintenance) are just above $225, and after tax yearly yield (based on a 5 year hold period) approach 10%.

3012 Stadium Investment Summary

If you’re interested in talking about these numbers, or just have questions about investment properties in Fort Collins, feel free to shoot me an email or give me a call!