Plan 1384 Modeled Plan · Bennett, CO 80102

$399,990

3 bd · 2.0 ba · 1,381 sqft · SingleFamily · 180 Days on market

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• Cash flow +9.1/30.0
• ARV discount +7.5/15.0
• Livability +3.0/5.0
• 1% rule +2.8/10.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0

Listing remarks

* Single-story floor plan * Open floor plan * Kitchen island * Primary bedroom at back of home for added privacy * Walk-in closet at primary suite * Dedicated laundry room * Split-bedroom layout * Granite kitchen countertops * WaterSense® labeled faucets * Low-E windows * ENERGY STAR® certified home * Smart thermostat * Open space * Outdoor recreation nearby * Trails * Short drive to the airport * Close to family friendly parks * Commuter-friendly location

Key facts

• Low-e windows
• Kitchen island
• 2 garage spots

Tags

• SINGLE-STORY FLOOR PLAN
• KITCHEN ISLAND
• DEDICATED LAUNDRY ROOM
• GRANITE KITCHEN COUNTERTOPS
• WATERSENSE LABELED FAUCETS
• LOW-E WINDOWS

Property features AI

Finance

• Other: Address: 47369 Magnolia Ave, Bennett, CO 80102; Status: Active
• Financial info: List price $399,990

Exterior

• Parking: 2 total parking spaces; 2-car garage
• Home design: New construction plan (Plan 1384 Modeled)
• Exterior features: Living area of 1,381

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Open living area

🏗️ New construction. The $399,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $385,299.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $400k.

Deal economics

• At list price, monthly cash flow is $-293 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $343k (14.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $300k (25.0% below list).
• Recommended offer: $300k (25.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#263 in CO) — a working-class tenant base; expect higher turnover. Strengths: housing A+, crime A-; Watch: cost of living D+, schools F, amenities F.
• Bennett School District No. 29J (rural): math 13% / reading 31% proficiency, ranked #69 of 86 in CO (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 212 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,299 units permitted in Adams County in 2024 (343 in 5+ unit buildings).

Forward outlook

• In year one you build about $41k of equity ($3k loan paydown + $39k appreciation (10.0% local appreciation)).
• Adams County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$66k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 180 days — a 12% lower offer ($352k) is reasonable based on typical stale-listing flexibility.

Recommended offer $300,000 (25.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 180 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.78% ✗
• Cap rate: 5.38%
• Cash-on-cash: -3.26%
• DSCR: 0.86
• GRM: 10.7

CMA / ARV

• ARV (on-the-fly): $385,299
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
319 Walnut St	0.35mi	3/2.0	1,490 (+8%)	0mo	$425,000	$285	70
47354 Iris Ave	0.32mi	3/2.0	1,287 (-7%)	10mo	$360,000	$280	66
47385 Lily Ave	0.39mi	3/2.0	1,490 (+8%)	4mo	$397,500	$267	65
47349 Lily Ave	0.42mi	3/2.0	1,490 (+8%)	4mo	$415,000	$279	64
316 Maple St	0.37mi	3/2.0	1,490 (+8%)	10mo	$390,000	$262	61
309 Spruce St	0.38mi	3/2.0	1,490 (+8%)	13mo	$435,000	$292	58
485 Bennett Ave	0.46mi	3/3.0	1,467 (+6%)	12mo	$426,000	$290	55
46577 Sunflower Ln	0.74mi	3/3.0	1,464 (+6%)	3mo	$389,999	$266	49
46565 Sunflower Ln	0.74mi	3/3.0	1,436 (+4%)	7mo	$362,000	$252	49
46585 Sunflower Ln	0.73mi	3/3.0	1,464 (+6%)	4mo	$383,490	$262	48
46550 Avery Ln	0.73mi	3/3.0	1,311 (-5%)	6mo	$424,999	$324	48
46549 Avery Ln	0.74mi	3/3.0	1,311 (-5%)	7mo	$353,000	$269	47

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 22.0%
• Equity multiple: 2.77×
• Total profit: $191,246
• Equity at exit: $347,108

10-year hold

• IRR: 19.8%
• Equity multiple: 6.36×
• Total profit: $577,939
• Equity at exit: $748,551

Cash invested: $107,884 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 80102

• Home prices YoY: 3.1%
• Active inventory: 212
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $3,000 medium
• Mortgage (P&I): −$2,021
• Tax est. 1.5%: −$482 /mo · $5,779/yr
• Insurance: −$161
• HOA: −$0
• Vacancy / Maint / Mgmt: −$630
• Net cashflow: $-293

Break-even live

Break-even rent $3,371

Max offer price $342,943

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $96,325
• Closing costs: $11,559
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
239 Adams St Bennett, CO	3.0	2.5	1653	$3,000	$1.81	24d	1	0.47mi

Listing history 14 events

1. 2026-06-18
   days on market $399,990 Active 180 DOM
2. 2026-06-17
   days on market $399,990 Active 179 DOM
3. 2026-06-16
   days on market $399,990 Active 178 DOM
4. 2026-06-15
   days on market $399,990 Active 177 DOM
5. 2026-06-13
   days on market $399,990 Active 175 DOM
6. 2026-06-13
   days on market $399,990 Active 174 DOM
7. 2026-06-09
   days on market $399,990 Active 171 DOM
8. 2026-06-08
   days on market $399,990 Active 170 DOM
9. 2026-06-07
   days on market $399,990 Active 169 DOM
10. 2026-06-04
    days on market $399,990 Active 166 DOM
11. 2026-06-03
    days on market $399,990 Active 165 DOM
12. 2026-06-02
    days on market $399,990 Active 164 DOM
13. 2026-06-01
    days on market $399,990 Active 163 DOM
14. 2026-05-31
    days on market $399,990 Active 162 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $36,000
• − Mortgage interest: −$21,583
• − Property taxes: −$5,779
• − Insurance: −$1,926
• − Repairs & maintenance: −$2,880
• − Management: −$2,880
• − Depreciation: −$11,209
• Taxable loss: −$10,257
• Est. tax savings @ 24.0%: +$2,462
• After-tax cash flow: $-1,051/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bennett School District No. 29J
• NCES district ID: 0802430
• Math proficiency: 13% ▼ -10.00%
• Reading proficiency: 31% ▼ -9.00%
• Median HH income: $69,795
• Composite: 21.39/100
• National rank: #8353
• State rank: #69 of 86 in CO

Livability — Bennett

• Score: 59/100
• State rank: #263
• US rank: #19691

Category grades

Amenities F Commute F Cost of living D+ Crime A- Employment B- Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bennett, CO
• City population: 5,994
• Population (ZIP): 5,994

Population outlook (Adams County) Hauer SSP2

• Today (2025): 598,184 people
• By 2030: 651,880 · +9.0%
• By 2040: 759,778 · +27.0%
• By 2050: 862,889 · +44.3%
• By 2075: 1,085,994 · +81.5%
• By 2100: 1,211,318 · +102.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 21% Two or more races 11% Black 2%
• Hispanic origin (detail): Mexican 17% Puerto Rican 1%
• Common ancestry: Serbian 4% Italian 3% Lithuanian 2%
• Foreign-born: 6% · Canada, China
• Languages at home: 87% English-only · Spanish 10% German/W. Germanic 1% Chinese 1%

Political lean MEDSL · Adams

• 2024 margin: Lean D (+9.0) · D 53.2% · R 44.1% · Other 2.7%
• 2008→2024 swing: -9.3pp toward R · 2008: 18.4pp · 2024: 9.0pp
• All cycles: 2024: D+9.0 2020: D+16.3 2016: D+7.2 2012: D+15.1 2008: D+18.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.94%
• Current HPI: 494.39
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B