7091 Leyden StCommerce City, Colorado

Commerce City, CO 80022 · MLS 7536085

List price

$275,000

3 bd / 2 ba
Bedrooms / baths: 1,260 sq ft
Living area: 1949
Year built: 14,375 sq ft
Lot

"CASH-ONLY SALE. Property is being sold strictly as-is and is priced to reflect its current condition. ... Seller will not accept assignable contracts, assignment provisions, or offers contingent upon Buyer securing another purchaser or funding source."

Listed by Jessica Zeleniak J to Z Realty, LLC (303) 332-6621

7091 Leyden St is a 3-bedroom, 2-bath home in Commerce City, Colorado listed at $275,000 with 1,260 square feet, built in 1949. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with at least one completed project puts 10% down ($27,500), we fund the $138,600 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Colorado or our Colorado hard money lending page.

From the listing. CASH-ONLY SALE. Property is being sold strictly as-is and is priced to reflect its current condition. This home requires substantial renovation and is best suited for an experienced investor, contractor, or buyer prepared to undertake a significant rehabilitation project. Visible conditions exist that may indicate structural concerns; however, the property has not been evaluated by a structural engineer. Seller will not make repairs. Proof of funds required with all offers. Seller will not accept assignable contracts or offers contingent upon Buyer securing another funding source.

01 - Price This Property

Hard money financing on 7091 Leyden St: what you qualify for.

Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.

List price $275,000

State CO

Your credit score, approximate

Type a number, like 720. A ballpark is fine and nothing is pulled. Leave it empty if you have no score.

Investment projects you completed in the last 3 years

Flips, rentals bought and sold, or builds. Decides the down payment.

Renovation budget

Our super rough estimate at $110 per sq ft. Put in your contractor's number if you have one.

After-repair value, if you know it

The loan stays under 75% of it. Leave blank to size on the price alone.

1. Your score740Qualifies, high-score terms
2. Your experience1 to 2 projectsTier 2: 10% down
3. Down payment10% down$27,500 at closing

You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded.

Fix and flip, experienced

10% down

We fund 100% of the renovation. Closes in 2 weeks.

Cash to close, rough estimate $37,682

Loan at closing $247,500

Rate, interest only from 9.75%

A 740 or better score on a purchase under $750,000 gets the high-score terms: the loan can reach 90% of after-repair value instead of 75%.
Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.

02 - The Numbers at Closing

7091 Leyden St priced at the list price.

Item		Fix and flip: 10% down
At closing
Qualifies as entered	Yes
Buyer down payment	$27,500 (10%)
Loan at closing	$247,500
Full renovation, rough estimate*	We fund $138,600
Total loan	$386,100
Rate, interest only	from 9.75%
Points	1.5 ($5,792)
Appraisal	Required
Estimated monthly interest	$3,137 at full draw
Cash to close, rough estimate	$37,682

Rough estimates at the list price of $275,000 for a 740 score and 1 completed project. This is not a commitment to lend.

*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $110 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

We are the lender, not the listing agent. This property is listed by Jessica Zeleniak, J to Z Realty, LLC ((303) 332-6621). To see it or make an offer, contact Jessica directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

Request the Term Sheet Call (323) 304-4978

More hard money deals in Commerce City All Colorado opportunities Hard money lender in Colorado Fix and flip loans Every live opportunity

Nearby

More cash and hard money listings in Colorado.

Cash or hard money only

Denver, CO

3 bd home in Denver

Street address with a free account

$246,300

3 bd · 2 ba · 1,384 sq ft · Built 1955

"**CASH OFFERS ONLY** Incredible investment opportunity awaits in this ranch style home located in the popular Fairview community! Home is priced accordingly due to current condition. Needs everything front top to bottom. The Seller will not entertain any repairs at this price. Strictly Sold As Is!"

Pricing and profitability Sign in to see

Renovation estimate, rough $152,240

Listed by Al Gollas, Gollas and Company Inc

See the listing and the financing