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 Mid-Term investment with a projected -18.22% first-year return on $355k initial cash invested.
-18.22%
Cash On Cash
2.82%
Cap Rate
0.42
DSCR
$6,848
Rent
-$5,391
Cashflow
Cash Flow
$6,848 income − $12,239 expenses = $5,391 out of pocket
Investment Breakdown
|
Purchase Price
$1605k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$355k
Downpayment
20%
$321k
Closing costs
1%
$16,050
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,848
Total Expenses
$12,239
Mortgage P&I
130%
$8,886
Property Taxes
6%
$430
Home Insurance
9%
$595
HOA
0%
$0
Property Management
12%
$822
CapEx
4%
$274
Vacancy
3%
$205
Maintenance
4%
$274
Other
11%
$753