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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 -24% first-year return on $415k initial cash invested.

-24%

Cash On Cash

0.96%

Cap Rate

0.16

DSCR

$4,154

Rent

-$8,298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,154 income − $12,452 expenses = $8,298 out of pocket

Income$4,154Out of Pocket$8,298Mortgage P&I$9,651232%Property Taxes$1464%Insurance$66216%Management$62315%CapEx$1664%Maintenance$1664%Other$1,03825%

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

$4,154

Total Expenses

$12,452

Mortgage P&I

232%

$9,651

Property Taxes

4%

$146

Home Insurance

16%

$662

HOA

0%

$0

Property Management

15%

$623

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,038

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