Unlock all features! Tap here to upgrade
1927 Spinnaker Lane, Steamboat Springs, CO 80487
3 beds • 3 baths • 2040 sqft
$2,018,200
View on ZillowThis property looks like a bad Mid-Term investment with a projected -19.24% first-year return on $442k initial cash invested.
-19.24%
Cash On Cash
1.91%
Cap Rate
0.32
DSCR
$7,323
Rent
-$7,083
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,323 income − $14,406 expenses = $7,083 out of pocket
Investment Breakdown
|
Purchase Price
$2018k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$442k
Downpayment
20%
$404k
Closing costs
1%
$20,182
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,323
Total Expenses
$14,406
Mortgage P&I
137%
$10,006
Property Taxes
6%
$440
Home Insurance
10%
$735
HOA
10%
$734
Property Management
12%
$879
CapEx
4%
$293
Vacancy
3%
$220
Maintenance
4%
$293
Other
11%
$806