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1987 E Party Jet St, Meridian, ID 83642

3 beds • 3 baths • 1864 sqft

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This property looks like a bad Airbnb investment with a projected -9.26% first-year return on $118k initial cash invested.

-9.26%

Cash On Cash

4.12%

Cap Rate

0.68

DSCR

$3,466

Rent

-$908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,466 income − $4,374 expenses = $908 out of pocket

Income$3,466Out of Pocket$908Mortgage P&I$2,40169%Property Taxes$1304%Insurance$1665%HOA$13Management$52015%CapEx$1394%Maintenance$1394%Other$86625%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,980

Closing costs

1%

$4,749

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,466

Total Expenses

$4,374

Mortgage P&I

69%

$2,401

Property Taxes

4%

$130

Home Insurance

5%

$166

HOA

0%

$13

Property Management

15%

$520

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$866

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