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612 Sheep Ridge Rd, Fairplay, CO 80440

3 beds • 2 baths • 1736 sqft

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This property looks like a bad Airbnb investment with a projected -17.5% first-year return on $166k initial cash invested.

-17.5%

Cash On Cash

1.85%

Cap Rate

0.32

DSCR

$3,038

Rent

-$2,418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$704k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$141k

Closing costs

1%

$7,040

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,038

Total Expenses

$5,456

Mortgage P&I

111%

$3,380

Property Taxes

8%

$238

Home Insurance

8%

$238

HOA

5%

$140

Property Management

15%

$456

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$760

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