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$2,942 (target)

901 Merritt Way, Dolores, CO 81323

3 beds • 2 baths • 3029 sqft

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This property looks like a bad Mid-Term investment with a projected -16.18% first-year return on $179k initial cash invested.

-16.18%

Cash On Cash

2.63%

Cap Rate

0.42

DSCR

$2,942

Rent

-$2,407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,942 income − $5,349 expenses = $2,407 out of pocket

Income$2,942Out of Pocket$2,407Mortgage P&I$3,967135%Property Taxes$1134%Insurance$2689%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

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Purchase Price

$765k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$153k

Closing costs

1%

$7,645

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,942

Total Expenses

$5,349

Mortgage P&I

135%

$3,967

Property Taxes

4%

$113

Home Insurance

9%

$268

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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