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2201 Mead Lane, Montrose, CO 81401

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Mid-Term investment with a projected -4.64% first-year return on $111k initial cash invested.

-4.64%

Cash On Cash

5.03%

Cap Rate

0.86

DSCR

$3,033

Rent

-$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,740

Closing costs

1%

$4,437

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,033

Total Expenses

$3,463

Mortgage P&I

71%

$2,167

Property Taxes

4%

$121

Home Insurance

5%

$144

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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