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$2,889 (target)

613 N Colorado Street, Cortez, CO 81321

3 beds • 2 baths • 1192 sqft

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This property might be a fair Mid-Term investment with a projected 0.99% first-year return on $87,006 initial cash invested.

0.99%

Cash On Cash

6.63%

Cap Rate

1.12

DSCR

$2,889

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $2,817 expenses = $72 cash flow

Income$2,889Mortgage P&I$1,62856%Property Taxes$883%Insurance$1174%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$72

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,006

Downpayment

20%

$65,720

Closing costs

1%

$3,286

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$2,817

Mortgage P&I

56%

$1,628

Property Taxes

3%

$88

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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