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$4,234 (target)

16388 Road 21.4, Cortez, CO 81321

3 beds • 4 baths • 2062 sqft

$1,121,500

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This property looks like a bad Mid-Term investment with a projected -16.69% first-year return on $254k initial cash invested.

-16.69%

Cash On Cash

2.5%

Cap Rate

0.41

DSCR

$4,234

Rent

-$3,525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,234 income − $7,759 expenses = $3,525 out of pocket

Income$4,234Out of Pocket$3,525Mortgage P&I$5,695135%Property Taxes$2095%Insurance$41610%Management$50812%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46611%

Investment Breakdown

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Purchase Price

$1122k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$254k

Downpayment

20%

$224k

Closing costs

1%

$11,215

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,234

Total Expenses

$7,759

Mortgage P&I

135%

$5,695

Property Taxes

5%

$209

Home Insurance

10%

$416

HOA

0%

$0

Property Management

12%

$508

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$466

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