1
Mar
727 Emporia Street in Aurora Colorado- Fully Remodeled Aurora Duplex
by Derek Weeks - Denver RealtorPublished in: Investing in Real Estate
I am excited to announce that Justin with JAW Homes has just completed another excellent rehab to add to their growing portfolio of outstanding Colorado real estate investment properties. This project is located at 727 Emporia street, Aurora, Colorado, 80010 located in the heart of Aurora in an up and coming neighborhood.
Front of Aurora Duplex
As you can see from the front of this property, the rehab came out with phenominal results. I must say that Justin with JAW Homes does an incredible job with his rehabs, not only with the quality of his work but with the materials and finishes used in each of his properties.
727 Emporia Kicthen
Currently priced at $189,900, this property is almost $30,000 below its current appraised value. Each unit is very easy to get rented and commands $850 per month per unit for a total income of $1700 per month.
When you look at the strength of this Aurora Duplex as an investment property, you will find the following data. With current mortgage standards, a purchase price of $189,900 with 10% down payment at 5.5% interest your monthly payment including taxes and insurance being escrowed comes in at $1178 per month. That is a total monthly cash flow of $522 per month.
Living Room
Looking at this property as a whole, it is very evident that now is the time to get yourself involved in the real estate investment game.
Give anyone of our agents at Urban Synergy Realty a call today for your private showing.