2540 S Kipling St, Lakewood, CO 80227

House Hack on a Full Acre Collect $2,300/mo from a Tenant Already in PlaceTwo fully independent residences on one deed, one loan. Live in the main house. Cottage has a tenant in place - no lease-up period, no vacancy risk to underwrite on day one.n* Current cottage rent: $2,300/month + pet rent, month-to-monthn* Gross annual income from cottage: $27,600+n* Well and septic on both homes - no city water/sewer utility expense, which is a real line-item difference in Coloradon* Owned solar system (paid off, transfers to buyer) - reduces main house carrying cost furthernWhy This Pencils Differently Than a Typical SFR Most single-family homes don't generate income while you live in them. This one does. Note that this isn't a fully-rented investment property with a cap rate to calculate - you're occupying the main house, so the $27,600/year from the cottage is best thought of as a direct offset to your mortgage and carrying costs, not a return on the full property value. For a buyer comparing this to a typical SFR purchase, the comparison that matters is: same house, minus roughly $2,300/month in housing cost, because someone else is paying it. Ask your lender how this property's existing lease applies to your specific loan program for qualifying purposes.nThe Main House 4BR/3BA (two bedrooms non-conforming, in a walk-out basement with its own private entrance - functionally a separate living space within the home), 200-degree mountain and city views, 5-burner gas range kitchen, own