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1927 Spinnaker Lane, Steamboat Springs, CO 80487
3 beds • 3 baths • 2040 sqft
$2,018,200
View on ZillowThis property looks like a bad Long-Term investment with a projected -23.51% first-year return on $424k initial cash invested.
-23.51%
Cash On Cash
1.16%
Cap Rate
0.19
DSCR
$4,882
Rent
-$8,302
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,882 income − $13,184 expenses = $8,302 out of pocket
Investment Breakdown
|
Purchase Price
$2018k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$424k
Downpayment
20%
$404k
Closing costs
1%
$20,182
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,882
Total Expenses
$13,184
Mortgage P&I
205%
$10,006
Property Taxes
9%
$440
Home Insurance
15%
$735
HOA
15%
$734
Property Management
10%
$488
CapEx
5%
$244
Vacancy
6%
$293
Maintenance
5%
$244
Other
0%
$0