$300,000
3648 Byram Dr. Unit 101
Colorado Springs CO, 80910
Financial Returns
FinancingCash Flow/mo: $1,788
CashCash Flow/mo: $1,788
10.45%IRR
7.01%CAP Rate
7.01%Cash On Cash
$0Equity
Property Information
- Beds: 3
- Baths: 2.5
- Sq Feet: 1,450
- Year: 2026
- Monthly Rent: $2,199
- Property Taxes: $1,800
- Annual HOA: $0
**1st Year Proforma
- 1/2 Plex for individual purchase
- Vaulted Ceilings
- Quartz Countertops
- Stainless Steel Appliances
- 10min Drive to Olympic Training Center
- 10min Drive to Downtown Colorado Springs
- 25min Drive to Air Force Base
Financial Projections
Debt (0k, 0k, 0k, 0k) Equity (306k, 306k, 306k, 306k) Appreciation (9k, 28k, 49k, 106k) Cash Positioning (21k, 66k, 114k, 246k)
Financing Assumptions
| Loan Amount | $0 |
| Financed Rehab Amount | $0 |
| Interest Rate | |
| Mortgage (yrs) | 0.0 |
| Mortgage Payment | $0 |
Initial Investment
| Down Payment (100%) | $300,000 |
| Rehab Amount | $0 |
| Est Closing Cost (2%) | $6,000 |
| Points | $0 |
| Total Out Of Pocket | $306,000 |
Property KPI Without Financing
| Annual Cash Flow | $21,450 |
| All In Cost | $306,000 |
| Cap Rate | 7.01% |
Property KPI With Financing
| Annual Cash Flow | $21,450 |
| Total Out Of Pocket | $306,000 |
| Cash On Cash | 7.01% |
Swipe the table to see Year 1 to Year 10 →
| Annual Revenue Increase | 3% | 3% | 3% | 3% | |
| Annual Operating Expense Increase | 3% | 3% | 3% | 3% | |
| Annual Expense Ratio | 17.05% | 17.05% | 17.05% | 17.05% | |
| Monthly | Year 1 | Year 3 | Year 5 | Year 10 | |
|---|---|---|---|---|---|
| Revenues | |||||
| Potential Rental Income | $2,199 | $26,388 | $27,995 | $29,700 | $34,430 |
| Vacancy Rate (2%) | $44 | $528 | $560 | $594 | $689 |
| Gross Rental Income | $2,155 | $25,860 | $27,435 | $29,106 | $33,742 |
| Expenses | |||||
| Estimated Annual Property Taxes | $150 | $1,800 | $1,910 | $2,026 | $2,349 |
| Estimated Annual Homeowners Insurance | $67 | $800 | $849 | $900 | $1,044 |
| Maintenance & Repairs (1%) | $22 | $259 | $274 | $291 | $337 |
| Estimated Annual Prop Mgmt Fee (6%) | $129 | $1,552 | $1,646 | $1,746 | $2,025 |
| Estimated Annual HOA Dues | $0 | $0 | $0 | $0 | $0 |
| Utilities | $0 | $0 | $0 | $0 | $0 |
| Reserves | $0 | $0 | $0 | $0 | $0 |
| Total Expenses | $368 | $4,410 | $4,679 | $4,964 | $5,754 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,788 | $21,450 | $22,756 | $24,142 | $27,987 |
| Net Cashflow | $21,450 | $22,756 | $24,142 | $27,987 | |
| Cap Rate | 7.01% | 7.44% | 7.89% | 9.15% | |
Property Photos
Projections assume 3% annual rent growth and 3% annual expense growth, based on the Buy & Hold strategy. All figures are estimates for information only. Verify independently before investing.