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$3,520 (target)

2107 Chestnut Circle, Erie, CO 80516

3 beds • 2 baths • 3614 sqft

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This property looks like a bad Mid-Term investment with a projected -14.71% first-year return on $161k initial cash invested.

-14.71%

Cash On Cash

3.05%

Cap Rate

0.49

DSCR

$3,520

Rent

-$1,971

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,520 income − $5,491 expenses = $1,971 out of pocket

Income$3,520Out of Pocket$1,971Mortgage P&I$3,561101%Property Taxes$39911%Insurance$2457%HOA$893%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%

Investment Breakdown

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Purchase Price

$680k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,802

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,520

Total Expenses

$5,491

Mortgage P&I

101%

$3,561

Property Taxes

11%

$399

Home Insurance

7%

$245

HOA

3%

$89

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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