REI Lense

REI Lense

Unlock all features! Tap here to upgrade

613 N Colorado Street, Cortez, CO 81321

3 beds • 2 baths • 1192 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.5% first-year return on $87,006 initial cash invested.

-1.5%

Cash On Cash

6.03%

Cap Rate

1.01

DSCR

$3,317

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,317 income − $3,426 expenses = $109 out of pocket

Income$3,317Out of Pocket$109Mortgage P&I$1,62849%Property Taxes$883%Insurance$1174%Management$49815%CapEx$1334%Maintenance$1334%Other$82925%

Investment Breakdown

|

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

$3,317

Total Expenses

$3,426

Mortgage P&I

49%

$1,628

Property Taxes

3%

$88

Home Insurance

4%

$117

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$829

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis