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1847 Mountain View Drive, Erie, CO 80516

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Airbnb investment with a projected -23.24% first-year return on $197k initial cash invested.

-23.24%

Cash On Cash

1%

Cap Rate

0.16

DSCR

$2,435

Rent

-$3,806

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,435 income − $6,241 expenses = $3,806 out of pocket

Income$2,435Out of Pocket$3,806Mortgage P&I$4,420182%Property Taxes$35515%Insurance$29812%Management$36515%CapEx$974%Maintenance$974%Other$60925%

Investment Breakdown

|

Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,435

Total Expenses

$6,241

Mortgage P&I

182%

$4,420

Property Taxes

15%

$355

Home Insurance

12%

$298

HOA

0%

$0

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$609

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