TITLE:
Equity in house for a strong deal
CONTROL:
Owner
VALUE:
$1,600,000
LOAN:
$200,000
EQUITY:
$1,400,000
TYPE:
Homes/Condos
HAVE:
Brand new fully remodeled, newly furnished summer home, with boat slip use, in Grand Lake, CO. 5 minutes to the entrance of rocky mountain national park.
ADDRESS:
900 Tallaqua Dr, Grand Lake, Colorado
BENEFITS TO NEW OWNER:
Beautiful home for vacation and family. Fully remodeled top to bottom. Brand new furnishings included
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$6,000
NOI:
$-6,000
DEBT SERVICE:
$0
CASH FLOW:
$-6,000
CAP RATE:
0.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$200,000
$0
4%
03/20/2026
No
BENEFITS SOUGHT:
Activate equity in home.
CAN ADD:
Signature, more cash, expertise into your deal.
REMARKS:
House selling season in Grand Lake is summer. The home will likely sell near full price this coming summer cycle.
COUNSELOR:
Jason Mittman
Only Epic Holdings
316 Iowa Drive
Golden, Colorado, 80403
