REI Lense

REI Lense

Unlock all features! Tap here to upgrade

12990 Road 18, Cortez, CO 81321

3 beds • 4 baths • 3683 sqft

$1,200,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -23.82% first-year return on $270k initial cash invested.

-23.82%

Cash On Cash

0.92%

Cap Rate

0.15

DSCR

$2,934

Rent

-$5,360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,934 income − $8,294 expenses = $5,360 out of pocket

Income$2,934Out of Pocket$5,360Mortgage P&I$6,163210%Property Taxes$30310%Insurance$42014%Management$44015%CapEx$1174%Maintenance$1174%Other$73425%

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,934

Total Expenses

$8,294

Mortgage P&I

210%

$6,163

Property Taxes

10%

$303

Home Insurance

14%

$420

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis