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63046 Spring Creek Road, Montrose, CO 81403

3 beds • 3 baths • 2462 sqft

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This property looks like a bad Airbnb investment with a projected -19.19% first-year return on $168k initial cash invested.

-19.19%

Cash On Cash

1.61%

Cap Rate

0.27

DSCR

$2,577

Rent

-$2,689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,577 income − $5,266 expenses = $2,689 out of pocket

Income$2,577Out of Pocket$2,689Mortgage P&I$3,547138%Property Taxes$2188%Insurance$26410%Management$38715%CapEx$1034%Maintenance$1034%Other$64425%

Investment Breakdown

|

Purchase Price

$715k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,150

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,577

Total Expenses

$5,266

Mortgage P&I

138%

$3,547

Property Taxes

8%

$218

Home Insurance

10%

$264

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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