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1626 E Main Street, Montrose, CO 81401

3 beds • 2 baths • 2880 sqft

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This property looks like a bad Airbnb investment with a projected -18.79% first-year return on $189k initial cash invested.

-18.79%

Cash On Cash

1.8%

Cap Rate

0.3

DSCR

$3,326

Rent

-$2,966

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,326 income − $6,292 expenses = $2,966 out of pocket

Income$3,326Out of Pocket$2,966Mortgage P&I$4,055122%Property Taxes$34310%Insurance$2979%Management$49915%CapEx$1334%Maintenance$1334%Other$83225%

Investment Breakdown

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Purchase Price

$817k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$163k

Closing costs

1%

$8,165

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,326

Total Expenses

$6,292

Mortgage P&I

122%

$4,055

Property Taxes

10%

$343

Home Insurance

9%

$297

HOA

0%

$0

Property Management

15%

$499

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$832

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