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1007 W Honker Dr, Meridian, ID 83642

3 beds • 2 baths • 1340 sqft

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This property looks like a bad Airbnb investment with a projected -7.14% first-year return on $99,879 initial cash invested.

-7.14%

Cash On Cash

4.79%

Cap Rate

0.77

DSCR

$3,302

Rent

-$594

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,302 income − $3,896 expenses = $594 out of pocket

Income$3,302Out of Pocket$594Mortgage P&I$2,01861%Property Taxes$1364%Insurance$1364%HOA$211%Management$49515%CapEx$1324%Maintenance$1324%Other$82625%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,302

Total Expenses

$3,896

Mortgage P&I

61%

$2,018

Property Taxes

4%

$136

Home Insurance

4%

$136

HOA

1%

$21

Property Management

15%

$495

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$826

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