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135 Palm Springs Dr, Colorado Springs, CO 80921

3 beds • 4 baths • 3138 sqft

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This property looks like a bad Airbnb investment with a projected -10.31% first-year return on $182k initial cash invested.

-10.31%

Cash On Cash

3.69%

Cap Rate

0.64

DSCR

$5,275

Rent

-$1,562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,275 income − $6,837 expenses = $1,562 out of pocket

Income$5,275Out of Pocket$1,562Mortgage P&I$3,75071%Property Taxes$2705%Insurance$2805%HOA$5Management$79115%CapEx$2114%Maintenance$2114%Other$1,31925%

Investment Breakdown

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Purchase Price

$780k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$182k

Downpayment

20%

$156k

Closing costs

1%

$7,796

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,275

Total Expenses

$6,837

Mortgage P&I

71%

$3,750

Property Taxes

5%

$270

Home Insurance

5%

$280

HOA

0%

$5

Property Management

15%

$791

CapEx

4%

$211

Vacancy

0%

$0

Maintenance

4%

$211

Other

25%

$1,319

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