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$2,458 (target)

324 N 3rd Ave, Sterling, CO 80751

3 beds • 2 baths • 1440 sqft

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This property might be a fair Mid-Term investment with a projected 7.46% first-year return on $61,890 initial cash invested.

7.46%

Cash On Cash

9.07%

Cap Rate

1.44

DSCR

$2,458

Rent

$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,458 income − $2,073 expenses = $385 cash flow

Income$2,458Mortgage P&I$1,09745%Property Taxes$633%Insurance$783%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%Cash Flow$385

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,458

Total Expenses

$2,073

Mortgage P&I

45%

$1,097

Property Taxes

3%

$63

Home Insurance

3%

$78

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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