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16932 Road 20, Cortez, CO 81321

3 beds • 2 baths • 1500 sqft

$1,375,000

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This property looks like a bad Airbnb investment with a projected -21.74% first-year return on $307k initial cash invested.

-21.74%

Cash On Cash

1.33%

Cap Rate

0.22

DSCR

$3,910

Rent

-$5,557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,910 income − $9,467 expenses = $5,557 out of pocket

Income$3,910Out of Pocket$5,557Mortgage P&I$6,921177%Property Taxes$1895%Insurance$48112%Management$58615%CapEx$1564%Maintenance$1564%Other$97825%

Investment Breakdown

|

Purchase Price

$1375k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$307k

Downpayment

20%

$275k

Closing costs

1%

$13,750

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,910

Total Expenses

$9,467

Mortgage P&I

177%

$6,921

Property Taxes

5%

$189

Home Insurance

12%

$481

HOA

0%

$0

Property Management

15%

$586

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$978

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