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$2,280 (target)

409 E 4th Street, Cortez, CO 81321

3 beds • 2 baths • 1410 sqft

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This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $71,361 initial cash invested.

0.74%

Cash On Cash

6.69%

Cap Rate

1.11

DSCR

$2,280

Rent

$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,280 income − $2,236 expenses = $44 cash flow

Income$2,280Mortgage P&I$1,28256%Property Taxes$884%Insurance$914%Management$27412%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$44

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,361

Downpayment

20%

$50,820

Closing costs

1%

$2,541

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,280

Total Expenses

$2,236

Mortgage P&I

56%

$1,282

Property Taxes

4%

$88

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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