REI Lense

REI Lense

Unlock all features! Tap here to upgrade

711 Terrace Drive, Ridgway, CO 81432

3 beds • 2 baths • 2471 sqft

$1,277,700

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -22.3% first-year return on $286k initial cash invested.

-22.3%

Cash On Cash

1.18%

Cap Rate

0.2

DSCR

$3,745

Rent

-$5,320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,745 income − $9,065 expenses = $5,320 out of pocket

Income$3,745Out of Pocket$5,320Mortgage P&I$6,431172%Property Taxes$36410%Insurance$47213%Management$56215%CapEx$1504%Maintenance$1504%Other$93625%

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

$3,745

Total Expenses

$9,065

Mortgage P&I

172%

$6,431

Property Taxes

10%

$364

Home Insurance

13%

$472

HOA

0%

$0

Property Management

15%

$562

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$936

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis