REI Lense

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2120 Rusty Hinge Drive, Colorado Springs, CO 80920

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Airbnb investment with a projected -3.92% first-year return on $107k initial cash invested.

-3.92%

Cash On Cash

5.46%

Cap Rate

0.91

DSCR

$3,947

Rent

-$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,440

Closing costs

1%

$4,222

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,947

Total Expenses

$4,295

Mortgage P&I

54%

$2,112

Property Taxes

3%

$130

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$592

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$987

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