The Flats Condos - 2800 E Aurora Boulder Colorado-Invest data

Boulder Real Estate – The Flats Condos

Boulder Real Estate – The Flats Condos



	Investment information is provided as reference only and is not guaranteed. The interest rate shown here does not include loan closing costs,commonly known as APR." Rates shown here are 30 year fixed rate loans.Interest rates are changing quickly in this environment, you shouldcheck with your lender about the current rate and APR. Contact Karen Woolhiser Wells Fargo Mortgage 303.415.2270 for current interest rates and available programs.

**Townhome rental projections**
Purchase price	$425,000
Downpayment	$100,000
Loan	$325,000
Rental income of a 3 bedroom at $725 per bedroom = $2,175 per month potential income
Projected Costs:
Monthly principal and interest payment @ 6%	$1,948
HOA fee	$210
Tax (est'd)	$183
Total monthly operating costs:	$2,341

**Loft rental projections**
Purchase price	$575,000
10% down	$57,500
80% loan	$460,000
10% 2nd	$57,500
Rental income of a 4 bedroom at $750 per bedroom = $3,000 per month potential income
Projected Costs:
Principal & Interest 1st at 5%	$2,470.00
Interest only 2nd at 6%	$287.50
Condo fee	$210
Tax (est'd)	$200
Total monthly operating costs:	$3,167
Monthly operating costs w/out 2nd:	$2,880

For further investment information please call:

Boulder Real Estate – The Flats Condos Tom Kalinski

Boulder Real Estate – The Flats Condos - Re/Max of Boulder, inc.

Tom Kalinski
303.441.5620
or email tomkalinski@mindspring.com

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