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1501 Magpie Gulch Street, Montrose, CO 81401

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Airbnb investment with a projected -6.14% first-year return on $106k initial cash invested.

-6.14%

Cash On Cash

4.63%

Cap Rate

0.8

DSCR

$3,405

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,405

Total Expenses

$3,947

Mortgage P&I

59%

$2,021

Property Taxes

4%

$145

Home Insurance

4%

$147

HOA

0%

$0

Property Management

15%

$511

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$851

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