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$7,620 (target)

711 Terrace Drive, Ridgway, CO 81432

3 beds • 2 baths • 2471 sqft

$1,277,700

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This property looks like a bad Mid-Term investment with a projected -9.38% first-year return on $286k initial cash invested.

-9.38%

Cash On Cash

4.22%

Cap Rate

0.7

DSCR

$7,620

Rent

-$2,238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,620 income − $9,858 expenses = $2,238 out of pocket

Income$7,620Out of Pocket$2,238Mortgage P&I$6,43184%Property Taxes$3645%Insurance$4726%Management$91412%CapEx$3054%Vacancy$2293%Maintenance$3054%Other$83811%

Investment Breakdown

|

Purchase Price

$1278k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$286k

Downpayment

20%

$256k

Closing costs

1%

$12,777

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,620

Total Expenses

$9,858

Mortgage P&I

84%

$6,431

Property Taxes

5%

$364

Home Insurance

6%

$472

HOA

0%

$0

Property Management

12%

$914

CapEx

4%

$305

Vacancy

3%

$229

Maintenance

4%

$305

Other

11%

$838

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