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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 Long-Term investment with a projected -14.3% first-year return on $98,490 initial cash invested.

-14.3%

Cash On Cash

3.12%

Cap Rate

0.53

DSCR

$1,990

Rent

-$1,174

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

$98,490

Downpayment

20%

$93,800

Closing costs

1%

$4,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,990

Total Expenses

$3,164

Mortgage P&I

115%

$2,292

Property Taxes

10%

$190

Home Insurance

8%

$164

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1228 Animas St, Montrose, CO 81401

$2,150

3

2

1458

0.4 mi

1523 Branding Iron Dr, Montrose, CO 81401

$1,850

3

2.5

1418

0 mi

3216 Ravens Crest Dr, Montrose, CO 81401

$2,375

3

2

1328

2.6 mi

2124 Mead Ln, Montrose, CO 81401

$2,150

3

2

1400

2.9 mi

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$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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