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1593 Daily Drive, Erie, CO 80516

3 beds • 3 baths • 1568 sqft

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This property looks like a bad Airbnb investment with a projected -18.64% first-year return on $143k initial cash invested.

-18.64%

Cash On Cash

1.74%

Cap Rate

0.29

DSCR

$2,742

Rent

-$2,220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,742 income − $4,962 expenses = $2,220 out of pocket

Income$2,742Out of Pocket$2,220Mortgage P&I$2,973108%Property Taxes$37114%Insurance$2017%HOA$1004%Management$41115%CapEx$1104%Maintenance$1104%Other$68625%

Investment Breakdown

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Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,742

Total Expenses

$4,962

Mortgage P&I

108%

$2,973

Property Taxes

14%

$371

Home Insurance

7%

$201

HOA

4%

$100

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

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