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1720 Kaleigh Circle, Cortez, CO 81321

3 beds • 2 baths • 1820 sqft

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This property looks like a bad Airbnb investment with a projected -14.75% first-year return on $142k initial cash invested.

-14.75%

Cash On Cash

2.74%

Cap Rate

0.45

DSCR

$3,047

Rent

-$1,747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,047 income − $4,794 expenses = $1,747 out of pocket

Income$3,047Out of Pocket$1,747Mortgage P&I$2,97698%Property Taxes$1415%Insurance$2147%Management$45715%CapEx$1224%Maintenance$1224%Other$76225%

Investment Breakdown

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Purchase Price

$591k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,913

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,047

Total Expenses

$4,794

Mortgage P&I

98%

$2,976

Property Taxes

5%

$141

Home Insurance

7%

$214

HOA

0%

$0

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

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