Looking at a property in Cortez, CO

[Eric Neal]

Hi, everyone. I'm looking for insight on a property I might be buying through my IRA with a 50% loan. That means no immediate tax benefits. Please see the link below for my assumptions. Am I anywhere in the ballpark and is this an investment you would make? I would also self-manage and the city is about an hour from my home in Durango. How much would that affect your decision? Thank you!

https://www.biggerpockets.com/calculators/shared/233005/453b1c45-2e4e-4ef8-9db1-8727f04fa718