John & Sophia Williams Homes
JW
954 E Nichols Ave
LeadBasement finish + refresh20260519-954-e-nichols-ave

954 E Nichols Ave

Centennial, CO 80122•Centennial jurisdiction•View on Zillow •Redfin
Remodeled Sale Price
$846.4K
est · low confidence
List
$659K
Reno
$163.3K
Gross profit
$329.6K
4 bd
3 ba
2,433 sqft above grade
900 unfinished basement
Built 1982ranchfamily lender
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4-bed / 3-bath / 1982 / ranch in Centennial 80122. Archetype-fit score 100 out of 100, modeled deal score 93.0. Recommended play: basement finish + refresh under family lender, projected $329.6K gross profit over 4.5 months at 6790% annualized.

Reno progress
0%
0 of 18 steps complete
Open full timeline
Key dates
  • First seenMay 19
  • Offer submitted—
  • Under contract—
  • Closed—
  • Construction start—
  • Construction complete—
  • Listed—
  • Sold—
Money snapshot
List price
$659,000
Est. purchase
$626,050
modeled 5% under list
Reno budget
$163,336
$139K – $195.7K band
Remodeled Est. Sale Price
$846,389
$814.1K – $847.4K band
Gross profit
$329,558
38.9% of resale · est · low confidence
ROI (ann.)
6790%
over 4.5 mo
Family interest
$27.8K
retained in household P&L
Deal score
93.0
0-100, weighted profit + ROI + velocity
Next inspection
Nothing scheduled yet.
Deal grid
Recommended play
Scope
Basement finish + refresh
Financing
Family lender
Gross profit
$329.6K
ROI (ann.)
6790%
pre-1978 (lead-paint + possible asbestos)
ScopeFinancingRenoResaleGrossROI (ann.)MonthsScore
Basement finish + refreshFamily lender$163.3K$1.3M$329.6K6790%4.593.0
Basement finish + refreshCash$163.3K$1.3M$357.3K108%4.591.0
Basement finish + refreshHard money$163.3K$1.3M$319.5K480%4.591.0
Basement finish + refreshConventional$163.3K$1.3M$338.5K265%4.591.0
Cosmetic refreshFamily lender$153.3K$973.2K$69.3K1532%4.266.0
Cosmetic refreshHard money$153.3K$973.2K$59.2K95%4.262.4
Cosmetic refreshConventional$153.3K$973.2K$77.1K66%4.259.9
Cosmetic refreshCash$153.3K$973.2K$95.2K31%4.249.8
Medium remodelFamily lender$405.1K$973.2K$-214.3K-2510%7.017.3
Medium remodelCash$405.1K$973.2K$-158.5K-24%7.015.3
Medium remodelHard money$405.1K$973.2K$-225.2K-170%7.015.3
Medium remodelConventional$405.1K$973.2K$-185K-54%7.015.3
Heavy remodelFamily lender$656.9K$973.2K$-505.8K-3910%9.511.7
Heavy remodelCash$656.9K$973.2K$-412K-38%9.59.7
Heavy remodelHard money$656.9K$973.2K$-516.4K-233%9.59.7
Heavy remodelConventional$656.9K$973.2K$-446.3K-67%9.59.7
Comps preview
3 comps, 56% confidence · median $/sqft = $348
$846,389
Recommended scope
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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$912,375
− Outside selling costs (3% buyer agent + 1% closing)-$36,495
= Net sale proceeds$875,880
− Purchase price-$659,000
− Acquisition closing + CO doc fee-$6,656
− Renovation-$231,135
− Pat's interest (carry)-$40,356
− Property tax + insurance + utilities (hold)-$3,780
= Gross profit-$65,047
Pat (investor)
Pat pockets
$7,832
Capital deployed$896,791
Interest earned$40,356
Profit share (50%)-$32,523
− Income tax on share-$0
Return on capital0.9% (2% ann.)
John & Sophia
John & Sophia household
-$10,626
Profit share (50%)-$32,523
− Income tax on share-$0
= Operator profit (after tax)-$32,523
+ Sophia listing commission (retained)$21,897

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.

Notes