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2324 Mead Lane, Montrose, CO 81401

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -9.95% first-year return on $120k initial cash invested.

-9.95%

Cash On Cash

3.68%

Cap Rate

0.63

DSCR

$3,264

Rent

-$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$484k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,820

Closing costs

1%

$4,841

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,264

Total Expenses

$4,256

Mortgage P&I

72%

$2,347

Property Taxes

5%

$168

Home Insurance

5%

$173

HOA

0%

$0

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$816

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