31650 Mt Werner Road, Steamboat Springs, CO 80487
3 beds • 2 baths • 2212 sqft
$2,100,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -27.9% first-year return on $459k initial cash invested.
-27.9%
Cash On Cash
0.31%
Cap Rate
0.05
DSCR
$3,321
Rent
-$10,671
Cashflow
Cash Flow
$3,321 income − $13,992 expenses = $10,671 out of pocket
Investment Breakdown
|
Purchase Price
$2100k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$459k
Downpayment
20%
$420k
Closing costs
1%
$21,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,321
Total Expenses
$13,992
Mortgage P&I
333%
$11,073
Property Taxes
14%
$481
Home Insurance
22%
$735
HOA
3%
$109
Property Management
15%
$498
CapEx
4%
$133
Vacancy
0%
$0
Maintenance
4%
$133
Other
25%
$830