4060 Airport
FHA Assumable
3.23% Rate
50 photos
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4060 Airport

Colorado Springs, CO 80910

4
Bedrooms
4
Bathrooms
3,008
Sq Ft

Payment Calculator

$2,883per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$28,250
$28,250$194,639
Secondary Financing8.5% Rate
$166,389
Blended rate4.87% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,393/mo
Assumable @ 3.23% + gap
$2,883/mo
$509less per month
$509
per month
$6,110
per year
$183,287
over 30 years

🏦 Loan Details

List Price
$565,000
Assumable Rate
3.23%
Remaining Balance
$369,517
Loan Type
FHA
Est. Equity Gap
$194,639
Annual Taxes
$2,038
HOA/mo
$125

About This Home

Excellent investment opportunity featuring a well-maintained fourplex in a strong rental location. The property consists of four 2 bed, 1 bath units with proven rental history and upside through lease-up and future rent growth. Property has been recently improved with updated units, and major systems in good shape including a new roof in the last year. Two units are currently occupied providing immediate income, while recent leasing activity demonstrates continued stable rental demand in the area. Conveniently located with easy access to shopping, employment centers, schools, and major transportation routes, this property is well suited for investors seeking stable cash flow with additional upside potential.

Data Source: REcolorado MLS

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$565,000
3.23% rateFHASave $1,552/mo

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