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993 Parsons Avenue, Castle Rock, CO 80104

3 beds • 3 baths • 1615 sqft

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This property looks like a bad Airbnb investment with a projected -15.57% first-year return on $122k initial cash invested.

-15.57%

Cash On Cash

2.6%

Cap Rate

0.42

DSCR

$2,940

Rent

-$1,578

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,940 income − $4,518 expenses = $1,578 out of pocket

Income$2,940Out of Pocket$1,578Mortgage P&I$2,53086%Property Taxes$36612%Insurance$1927%HOA$181%Management$44115%CapEx$1184%Maintenance$1184%Other$73525%

Investment Breakdown

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Purchase Price

$493k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,680

Closing costs

1%

$4,934

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,940

Total Expenses

$4,518

Mortgage P&I

86%

$2,530

Property Taxes

12%

$366

Home Insurance

7%

$192

HOA

1%

$18

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$735

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