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59959 Spring Creek Road, Montrose, CO 81403

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Airbnb investment with a projected -11.29% first-year return on $141k initial cash invested.

-11.29%

Cash On Cash

3.55%

Cap Rate

0.6

DSCR

$3,826

Rent

-$1,325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,826 income − $5,151 expenses = $1,325 out of pocket

Income$3,826Out of Pocket$1,325Mortgage P&I$2,90376%Property Taxes$2075%Insurance$2055%Management$57415%CapEx$1534%Maintenance$1534%Other$95625%

Investment Breakdown

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Purchase Price

$585k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,850

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,826

Total Expenses

$5,151

Mortgage P&I

76%

$2,903

Property Taxes

5%

$207

Home Insurance

5%

$205

HOA

0%

$0

Property Management

15%

$574

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$956

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