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$3,038 (target)

907 N Chestnut Street, Cortez, CO 81321

3 beds • 2 baths • 1484 sqft

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This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $88,602 initial cash invested.

1.1%

Cash On Cash

6.76%

Cap Rate

1.12

DSCR

$3,038

Rent

$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,038 income − $2,957 expenses = $81 cash flow

Income$3,038Mortgage P&I$1,69256%Property Taxes$1104%Insurance$1214%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33411%Cash Flow$81

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,602

Downpayment

20%

$67,240

Closing costs

1%

$3,362

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,038

Total Expenses

$2,957

Mortgage P&I

56%

$1,692

Property Taxes

4%

$110

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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