1521 S Dawson St, Aurora, CO 80012

AWESOME MUST SELL HOME!!! This home is an awesome BUY & HOLD or Owner Occupied FHA 203K OPPORTUNITY! Approximate Rental Range for this Property is $1,300 to $1,500*. Home needs TLC/Maintenance in the $15,000 to $25,000 range*(Depending on how much you want to do as well as how much you do yourself). Similar home style and square footage and updated closed on South Dearborn Street in September of 2012 for $190,800! As you can see, at only $160,000 this home has GREAT POTENTIAL! At $190,000 with a rent at $1,500, the approximate cap rate is 9.4%*. At 80% LTV ($190,000 Value) the ROI is approximately 15%*. The challenge is that the home is currently tenant occupied. All offers would have to be sight unseen with an inspection period. Feel free to dive by, but do not knock on the door. Do not miss out on this opportunity! *Information is deemed to be reliable, but is not guaranteed. Buyer shall be responsible for verifying all information.