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1512 Branding Iron Drive, Montrose, CO 81401

3 beds • 2 baths • 1305 sqft

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This property looks like a bad Airbnb investment with a projected -10.53% first-year return on $116k initial cash invested.

-10.53%

Cash On Cash

3.57%

Cap Rate

0.61

DSCR

$3,124

Rent

-$1,022

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,800

Closing costs

1%

$4,690

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,124

Total Expenses

$4,146

Mortgage P&I

73%

$2,292

Property Taxes

6%

$190

Home Insurance

5%

$164

HOA

0%

$0

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

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$1,100

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2

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$2,850

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