How To Turn $9,000 Into $85,115 In Just 5 Years Just Buying a Denver Area Home.
Buying a Denver area home is a smart decision for your future. Here’s how you can potentially turn $9,000 into $85,115 in just 5 years? Kenna Real Estate's Loan Advisor Shawn Janusheske explains.
The Denver home market is appreciating at over 11% right now. But if we take a conservative approach and use just 3% appreciation. Here’s what can happen. Imagine what 11% looks like!
On a 300,000 home purchase, qualified homebuyers can put just $9,000 as down payment.
In just 5 years that $300,000 home purchase would have appreciated in value to $347,728.
Plus the loan that started out at $291,000, after making 60 payments would have a remaining balance of…