Wyoming โข Montana โข Fully managed
Available
DUPLEX ยท 5 bed ยท Long term rental
1002 Hot, SPRINGS AVE
Cheyenne, WY 82001
This turnkey duplex offers an incredible opportunity letting your tenant pay your mortgage. Featuring 5 bedrooms across two separate units, it delivers immediate rental income and long-term financial stability. Don't miss out on a proven wealth builder in a strong, high demand market.
Gallery
Inside the property
Key numbers
The investment at a glance
Purchase Price
$440,000
Cash to Close
$15,840
Rent EST.
$2,640
FIRST-YEAR DEDUCTION
$154,000
LOAN AMOUNT
$396,000
Property details
Market
Laramie, WY
Property type
Multi unit
Bedrooms
6
Strategy
Long-term rental
Status
Completed
Purchase price
$595,000
Loan amount
$535,500
LTV
90%
Interest rate
6.35%
Cash to close (est.)
$16,065
Rent (est.)
$3,895 /mo
Mortgage payment
$3,332 /mo
Taxes
$253 /mo
Insurance
$253 /mo
Monthly profit (est.)
$57
Gross yield
7.86%
First-year deduction (est.)
$208,250
Estimates from the internal inventory worksheet. Confirm rents, taxes, insurance and the deduction with your lender and CPA before relying on them.
Property details
Market
CHEYENNE, WY
Property type
DUPLEX
Bedrooms
5
Strategy
Long-term rental
Status
Completed
Purchase price
$440,000
Loan amount
$396,000
Cash to close (est.)
$15,840
Rent (est.)
$2,640 /mo
First-year deduction (est.)
$154,000
Estimates from the internal inventory worksheet. Confirm rents, taxes, insurance and the deduction with your lender and CPA before relying on them.
Next step
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1002 Hot Springs Ave
Cheyenne, WY 82001
purchase ยท cash to close
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