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31575 Kestrel Lane, Steamboat Springs, CO 80487

3 beds • 2 baths • 1832 sqft

$1,890,000

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This property looks like a bad Airbnb investment with a projected -23.25% first-year return on $415k initial cash invested.

-23.25%

Cash On Cash

1.14%

Cap Rate

0.19

DSCR

$4,653

Rent

-$8,039

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,653 income − $12,692 expenses = $8,039 out of pocket

Income$4,653Out of Pocket$8,039Mortgage P&I$9,651207%Property Taxes$1463%Insurance$66214%Management$69815%CapEx$1864%Maintenance$1864%Other$1,16325%

Investment Breakdown

|

Purchase Price

$1890k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$415k

Downpayment

20%

$378k

Closing costs

1%

$18,900

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,653

Total Expenses

$12,692

Mortgage P&I

207%

$9,651

Property Taxes

3%

$146

Home Insurance

14%

$662

HOA

0%

$0

Property Management

15%

$698

CapEx

4%

$186

Vacancy

0%

$0

Maintenance

4%

$186

Other

25%

$1,163

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