Lead20260519-6218-s-cherry-cir
6218 S Cherry Cir
Remodeled Sale Price
$1.1M
est · unverified
List
$700K
Reno
$110.3K
Gross profit
$155.8K
5 bd
4 ba
2,552 sqft above grade
676 unfinished basement
ranchhard moneyRead
5-bed / 4-bath / 0 / ranch in Centennial 80121. Deal analysis not yet run — open the Budget or Comps tab to enrich.
Reno progress
Key dates
- First seenMay 19
- Offer submitted—
- Under contract—
- Closed—
- Construction start—
- Construction complete—
- Listed—
- Sold—
Money snapshot
List price
$700,000
Est. purchase
$665,000
modeled 5% under list
Reno budget
$110,250
$0 spent
Remodeled Est. Sale Price
$1,050,000
est · unverified
Gross profit
$155,750
14.8% of resale · est · unverified
ROI (ann.)
—
Family interest
—
retained in household P&L
Deal score
—
0-100, weighted profit + ROI + velocity
Next inspection
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Due diligence
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Inspection questions
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Deal economics
Market $/sqft (renovated)375
Pat — interest rate9%
Pat — profit share50%
Income tax rate38%
Remodel tier — tap to model
Moderate Flip — full waterfall
7 mo total (1 close · 4 reno · 2 listing)
Suggested sale price$957,000
− Outside selling costs (3% buyer agent + 1% closing)-$38,280
= Net sale proceeds$918,720
− Purchase price-$700,000
− Acquisition closing + CO doc fee-$7,070
− Renovation-$242,440
− Pat's interest (carry)-$42,728
− Property tax + insurance + utilities (hold)-$3,885
= Gross profit-$77,403
Pat (investor)
Pat pockets
$4,026
Capital deployed$949,510
Interest earned$42,728
Profit share (50%)-$38,701
− Income tax on share-$0
Return on capital0.4% (1% ann.)
John & Sophia
John & Sophia household
-$15,733
Profit share (50%)-$38,701
− Income tax on share-$0
= Operator profit (after tax)-$38,701
+ Sophia listing commission (retained)$22,968
Estimates only. Flip profit is ordinary income (dealer property) — not capital gains, and a 1031 exchange does not apply. Income tax shown is a single blended rate; set it to your real federal + CO 4.4% + SE-tax bracket. Colorado has no state real-estate transfer tax (only a $0.01/$100 documentary fee). Confirm structure + tax with your CPA.