REI Lense

REI Lense

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$2,301 (target)

1400 E Summerplace St, Meridian, ID 83646

3 beds • 2 baths • 1614 sqft

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This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $105k initial cash invested.

-14.67%

Cash On Cash

3.3%

Cap Rate

0.54

DSCR

$2,301

Rent

-$1,283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,301 income − $3,584 expenses = $1,283 out of pocket

Income$2,301Out of Pocket$1,283Mortgage P&I$2,544111%Property Taxes$1245%Insurance$1758%HOA$1436%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,301

Total Expenses

$3,584

Mortgage P&I

111%

$2,544

Property Taxes

5%

$124

Home Insurance

8%

$175

HOA

6%

$143

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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