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2113 Saranac Dr, Colorado Springs, CO 80910

3 beds • 2 baths • 1490 sqft

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This property looks like a bad Long-Term investment with a projected -6.81% first-year return on $69,615 initial cash invested.

-6.81%

Cash On Cash

4.71%

Cap Rate

0.81

DSCR

$1,910

Rent

-$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,615

Downpayment

20%

$66,300

Closing costs

1%

$3,315

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,910

Total Expenses

$2,305

Mortgage P&I

84%

$1,599

Property Taxes

5%

$92

Home Insurance

6%

$116

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

518 Huron Rd, Colorado Springs, CO 80910

$2,000

3

2

1430

0.3 mi

709 Zion Dr, Colorado Springs, CO 80910

$1,895

3

2

1380

0.3 mi

1523 Fountain St, Colorado Springs, CO 80910

$2,700

3

2

1680

0.5 mi

2127 Saranac Dr, Colorado Springs, CO 80910

$1,500

3

2

1825

0 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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