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3720 Ridgeline Drive, Montrose, CO 81401

3 beds • 2 baths • 1870 sqft

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This property looks like a bad Airbnb investment with a projected -11.91% first-year return on $142k initial cash invested.

-11.91%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$3,779

Rent

-$1,406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,779 income − $5,185 expenses = $1,406 out of pocket

Income$3,779Out of Pocket$1,406Mortgage P&I$2,94278%Property Taxes$2196%Insurance$2106%Management$56715%CapEx$1514%Maintenance$1514%Other$94525%

Investment Breakdown

|

Purchase Price

$589k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,888

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,779

Total Expenses

$5,185

Mortgage P&I

78%

$2,942

Property Taxes

6%

$219

Home Insurance

6%

$210

HOA

0%

$0

Property Management

15%

$567

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$945

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