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62 Lazy Rex Road, Alma, CO 80420

3 beds • 4 baths • 3036 sqft

$1,450,000

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This property looks like a bad Airbnb investment with a projected -20.47% first-year return on $323k initial cash invested.

-20.47%

Cash On Cash

1.75%

Cap Rate

0.29

DSCR

$5,466

Rent

-$5,502

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,466 income − $10,968 expenses = $5,502 out of pocket

Income$5,466Out of Pocket$5,502Mortgage P&I$7,393135%Property Taxes$4408%Insurance$5089%HOA$3Management$82015%CapEx$2194%Maintenance$2194%Other$1,36625%

Investment Breakdown

|

Purchase Price

$1450k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$323k

Downpayment

20%

$290k

Closing costs

1%

$14,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,466

Total Expenses

$10,968

Mortgage P&I

135%

$7,393

Property Taxes

8%

$440

Home Insurance

9%

$508

HOA

0%

$3

Property Management

15%

$820

CapEx

4%

$219

Vacancy

0%

$0

Maintenance

4%

$219

Other

25%

$1,366

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