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920 Binger Dr, Colorado Springs, CO 80911

3 beds • 4 baths • 2039 sqft

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This property looks like a bad Airbnb investment with a projected -3.44% first-year return on $107k initial cash invested.

-3.44%

Cash On Cash

5.43%

Cap Rate

0.93

DSCR

$3,877

Rent

-$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,877 income − $4,184 expenses = $307 out of pocket

Income$3,877Out of Pocket$307Mortgage P&I$2,07153%Property Taxes$1003%Insurance$1494%HOA$3Management$58215%CapEx$1554%Maintenance$1554%Other$96925%

Investment Breakdown

|

Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,760

Closing costs

1%

$4,238

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,877

Total Expenses

$4,184

Mortgage P&I

53%

$2,071

Property Taxes

3%

$100

Home Insurance

4%

$149

HOA

0%

$3

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$969

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