REI Lense

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$3,585 (target)

1505 W Coastal Dr, Meridian, ID 83642

3 beds • 2 baths • 1589 sqft

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This property looks like a bad Mid-Term investment with a projected -7.42% first-year return on $131k initial cash invested.

-7.42%

Cash On Cash

4.71%

Cap Rate

0.76

DSCR

$3,585

Rent

-$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,585 income − $4,397 expenses = $812 out of pocket

Income$3,585Out of Pocket$812Mortgage P&I$2,78778%Property Taxes$1404%Insurance$1895%HOA$632%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,399

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,585

Total Expenses

$4,397

Mortgage P&I

78%

$2,787

Property Taxes

4%

$140

Home Insurance

5%

$189

HOA

2%

$63

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

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