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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 -17.46% first-year return on $168k initial cash invested.

-17.46%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$3,044

Rent

-$2,447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,044 income − $5,491 expenses = $2,447 out of pocket

Income$3,044Out of Pocket$2,447Mortgage P&I$3,547117%Property Taxes$2187%Insurance$2649%Management$45715%CapEx$1224%Maintenance$1224%Other$76125%

Investment Breakdown

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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

$3,044

Total Expenses

$5,491

Mortgage P&I

117%

$3,547

Property Taxes

7%

$218

Home Insurance

9%

$264

HOA

0%

$0

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$761

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