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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 -14.55% first-year return on $142k initial cash invested.

-14.55%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$3,179

Rent

-$1,718

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,179 income − $4,897 expenses = $1,718 out of pocket

Income$3,179Out of Pocket$1,718Mortgage P&I$2,94293%Property Taxes$2197%Insurance$2107%Management$47715%CapEx$1274%Maintenance$1274%Other$79525%

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

$3,179

Total Expenses

$4,897

Mortgage P&I

93%

$2,942

Property Taxes

7%

$219

Home Insurance

7%

$210

HOA

0%

$0

Property Management

15%

$477

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$795

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