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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 -17.78% first-year return on $143k initial cash invested.

-17.78%

Cash On Cash

1.96%

Cap Rate

0.33

DSCR

$2,939

Rent

-$2,118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,939 income − $5,057 expenses = $2,118 out of pocket

Income$2,939Out of Pocket$2,118Mortgage P&I$2,973101%Property Taxes$37113%Insurance$2017%HOA$1003%Management$44115%CapEx$1184%Maintenance$1184%Other$73525%

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

$2,939

Total Expenses

$5,057

Mortgage P&I

101%

$2,973

Property Taxes

13%

$371

Home Insurance

7%

$201

HOA

3%

$100

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$735

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