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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 -17.15% first-year return on $166k initial cash invested.

-17.15%

Cash On Cash

1.93%

Cap Rate

0.34

DSCR

$3,127

Rent

-$2,370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,127 income − $5,497 expenses = $2,370 out of pocket

Income$3,127Out of Pocket$2,370Mortgage P&I$3,380108%Property Taxes$2388%Insurance$2388%HOA$1404%Management$46915%CapEx$1254%Maintenance$1254%Other$78225%

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

$3,127

Total Expenses

$5,497

Mortgage P&I

108%

$3,380

Property Taxes

8%

$238

Home Insurance

8%

$238

HOA

4%

$140

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$782

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