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$7,150 (target)

2230 Mesa Rd, Colorado Springs, CO 80904

3 beds • 4 baths • 4047 sqft

$1,073,100

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This property looks like a bad Mid-Term investment with a projected -7.49% first-year return on $243k initial cash invested.

-7.49%

Cash On Cash

4.85%

Cap Rate

0.78

DSCR

$7,150

Rent

-$1,519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,150 income − $8,669 expenses = $1,519 out of pocket

Income$7,150Out of Pocket$1,519Mortgage P&I$5,56878%Property Taxes$2774%Insurance$3946%Management$85812%CapEx$2864%Vacancy$2143%Maintenance$2864%Other$78611%

Investment Breakdown

|

Purchase Price

$1073k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$243k

Downpayment

20%

$215k

Closing costs

1%

$10,731

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,150

Total Expenses

$8,669

Mortgage P&I

78%

$5,568

Property Taxes

4%

$277

Home Insurance

6%

$394

HOA

0%

$0

Property Management

12%

$858

CapEx

4%

$286

Vacancy

3%

$214

Maintenance

4%

$286

Other

11%

$786

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