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$4,791 (target)

2300 Major Lane, Montrose, CO 81401

3 beds • 3 baths • 2889 sqft

$1,149,000

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This property looks like a bad Mid-Term investment with a projected -15.68% first-year return on $259k initial cash invested.

-15.68%

Cash On Cash

2.71%

Cap Rate

0.45

DSCR

$4,791

Rent

-$3,388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,791 income − $8,179 expenses = $3,388 out of pocket

Income$4,791Out of Pocket$3,388Mortgage P&I$5,794121%Property Taxes$3537%Insurance$4028%Management$57512%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52711%

Investment Breakdown

|

Purchase Price

$1149k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$259k

Downpayment

20%

$230k

Closing costs

1%

$11,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,791

Total Expenses

$8,179

Mortgage P&I

121%

$5,794

Property Taxes

7%

$353

Home Insurance

8%

$402

HOA

0%

$0

Property Management

12%

$575

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$527

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