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1306 Memphis Belle Court, Steamboat Springs, CO 80487
3 beds • 3 baths • 3000 sqft
$2,329,600
View on ZillowThis property looks like a bad Long-Term investment with a projected -24.47% first-year return on $489k initial cash invested.
-24.47%
Cash On Cash
1.85%
Cap Rate
0.27
DSCR
$6,131
Rent
-$9,975
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,131 income − $16,106 expenses = $9,975 out of pocket
Investment Breakdown
|
Purchase Price
$2330k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$489k
Downpayment
20%
$466k
Closing costs
1%
$23,296
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,131
Total Expenses
$16,106
Mortgage P&I
216%
$13,254
Property Taxes
7%
$399
Home Insurance
14%
$858
HOA
0%
$0
Property Management
10%
$613
CapEx
5%
$307
Vacancy
6%
$368
Maintenance
5%
$307
Other
0%
$0