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1013 Pinecliff Drive, Erie, CO 80516

3 beds • 2 baths • 2021 sqft

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This property looks like a bad Airbnb investment with a projected -21.31% first-year return on $187k initial cash invested.

-21.31%

Cash On Cash

1.13%

Cap Rate

0.19

DSCR

$3,171

Rent

-$3,322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,171 income − $6,493 expenses = $3,322 out of pocket

Income$3,171Out of Pocket$3,322Mortgage P&I$3,956125%Property Taxes$63620%Insurance$2829%HOA$963%Management$47615%CapEx$1274%Maintenance$1274%Other$79325%

Investment Breakdown

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Purchase Price

$805k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$187k

Downpayment

20%

$161k

Closing costs

1%

$8,050

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,171

Total Expenses

$6,493

Mortgage P&I

125%

$3,956

Property Taxes

20%

$636

Home Insurance

9%

$282

HOA

3%

$96

Property Management

15%

$476

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$793

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