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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 Airbnb investment with a projected -22.05% first-year return on $286k initial cash invested.

-22.05%

Cash On Cash

1.24%

Cap Rate

0.21

DSCR

$3,856

Rent

-$5,261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,856 income − $9,117 expenses = $5,261 out of pocket

Income$3,856Out of Pocket$5,261Mortgage P&I$6,431167%Property Taxes$3649%Insurance$47212%Management$57815%CapEx$1544%Maintenance$1544%Other$96425%

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

$3,856

Total Expenses

$9,117

Mortgage P&I

167%

$6,431

Property Taxes

9%

$364

Home Insurance

12%

$472

HOA

0%

$0

Property Management

15%

$578

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$964

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