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2277 Spinnaker Cir, Longmont, CO 80503

3 beds • 3 baths • 2995 sqft

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This property looks like a bad Airbnb investment with a projected -13.67% first-year return on $144k initial cash invested.

-13.67%

Cash On Cash

2.76%

Cap Rate

0.48

DSCR

$3,781

Rent

-$1,640

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,781 income − $5,421 expenses = $1,640 out of pocket

Income$3,781Out of Pocket$1,640Mortgage P&I$2,87176%Property Taxes$3389%Insurance$2807%HOA$1183%Management$56715%CapEx$1514%Maintenance$1514%Other$94525%

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,781

Total Expenses

$5,421

Mortgage P&I

76%

$2,871

Property Taxes

9%

$338

Home Insurance

7%

$280

HOA

3%

$118

Property Management

15%

$567

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$945

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