| Highlands Ranch Tri Level Purchased May 2003 $210,000 Seller paid close costs $3,000 4 mos vacant over 4 years GRM of 13.2 Sold June 2007 for $246,900 Sold second property for $236,300 Equity doubled in 3.5 yrs Acheived $68,200 in cap gains 1031 exchanged for 3 properties below |
Three Short Sale Townhomes sold new by DeveloperSeller concessions: Close costs $3K. $20K HOA contribution. GRM of 9.6, Avg C.F of $300/month from day one.
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 | HUD Townhome - First Time Home BuyerPurchased Jan 2009 for $99K
Previously sold for $153.5K Oct 2005
Buyer's cash at closing: $986.00
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Mobile, AL New Single Family Home Purchase price $185K Out of pocket to close: $19K New, W. Mobile neighborhood Gross Income: $1400 month Gross Rent Multiple: 12.2 Price per sq ft: $102 Builder paid close costs up to $3K Strong economy, strong rental market Price appreciation 5-9% year Equity predicted to double in three years | 
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| Thornton Two Story |
Parkway Mini Storage, Mobile, AL Purchase price $2.5M in 2004 Limited Partnerships at $30K per unit Yearly dividend yields: 6%, 9%,10% $260K distributed to partners in 2.5 yrs Partner's equity expected to double in 5 yrs | 
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 | Townhome - 3/3 Lafayette - Purchase price $166K July 2003
- 3% down pmt, "Kiddie Condo" financing
- Roommates rents cover mtge, taxes, ins, HOA
- Great way to finance child's college education!
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Short Term Development Loans | 
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 | Littleton Ranch |
Two Income Properties - Berkeley Subdiv Denver One SFR, one Duplex. Total purchase price $460K Monthly cash flow: $4,200 $13,381 yearly depreciation tax benefit $137K capital gains deferred |  |
 | Commerce City Duplex Purchase price $230K Gross Income: $1450 month Gross Rent Multiple: 13.2 Price per sq ft: $122 Cap Rate 5.8% Rate of Return - 9.5% Seller Financed, $1K close costs Cash Flow positive from day one |
Fort Morgan 6 units, 3 bldgs - Purchase price $205K
- Gross Income: $3K month, $36K year
- Gross Rent Multiple: 6.2
- Price per sq ft: $64
- Cap Rate 9.2%
- Rate of Return - 19%
- Vacancy rate < 2%
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 | WheatRidge Duplex - Purchase price $285K, Appraised $295K
- 3% down pmt, FHA First Time Home Buyer
- Seller Paid Close Costs $5K
- Owner occupied one unit, renter pays mtge
- Effective Gross Rent Multiple: 13.2
- Great way to start investing!
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Thornton Condo | 
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