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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 -10.28% first-year return on $182k initial cash invested.

-10.28%

Cash On Cash

3.7%

Cap Rate

0.64

DSCR

$5,286

Rent

-$1,556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,286 income − $6,842 expenses = $1,556 out of pocket

Income$5,286Out of Pocket$1,556Mortgage P&I$3,75071%Property Taxes$2705%Insurance$2805%HOA$5Management$79315%CapEx$2114%Maintenance$2114%Other$1,32225%

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

$5,286

Total Expenses

$6,842

Mortgage P&I

71%

$3,750

Property Taxes

5%

$270

Home Insurance

5%

$280

HOA

0%

$5

Property Management

15%

$793

CapEx

4%

$211

Vacancy

0%

$0

Maintenance

4%

$211

Other

25%

$1,322

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