29785 Elk View Drive, Steamboat Springs, CO 80487
3 beds • 2 baths • 2976 sqft
$1,605,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -23.26% first-year return on $337k initial cash invested.
-23.26%
Cash On Cash
1.93%
Cap Rate
0.29
DSCR
$4,565
Rent
-$6,532
Cashflow
Cash Flow
$4,565 income − $11,097 expenses = $6,532 out of pocket
Investment Breakdown
|
Purchase Price
$1605k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$337k
Downpayment
20%
$321k
Closing costs
1%
$16,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,565
Total Expenses
$11,097
Mortgage P&I
195%
$8,886
Property Taxes
9%
$430
Home Insurance
13%
$595
HOA
0%
$0
Property Management
10%
$456
CapEx
5%
$228
Vacancy
6%
$274
Maintenance
5%
$228
Other
0%
$0