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1003 Smith Ranch Rd, Grand Junction, CO 81505

3 beds • 5 baths • 3423 sqft

$1,710,000

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This property looks like a bad Airbnb investment with a projected -24.14% first-year return on $377k initial cash invested.

-24.14%

Cash On Cash

1.14%

Cap Rate

0.18

DSCR

$4,879

Rent

-$7,586

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,879 income − $12,465 expenses = $7,586 out of pocket

Income$4,879Out of Pocket$7,586Mortgage P&I$9,011185%Property Taxes$4369%Insurance$63013%HOA$461%Management$73215%CapEx$1954%Maintenance$1954%Other$1,22025%

Investment Breakdown

|

Purchase Price

$1710k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$377k

Downpayment

20%

$342k

Closing costs

1%

$17,100

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,879

Total Expenses

$12,465

Mortgage P&I

185%

$9,011

Property Taxes

9%

$436

Home Insurance

13%

$630

HOA

1%

$46

Property Management

15%

$732

CapEx

4%

$195

Vacancy

0%

$0

Maintenance

4%

$195

Other

25%

$1,220

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