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3077 S Grimes Creek Ave, Meridian, ID 83642

4 beds • 3 baths • 1995 sqft

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This property looks like a bad Airbnb investment with a projected -5.78% first-year return on $148k initial cash invested.

-5.78%

Cash On Cash

4.85%

Cap Rate

0.82

DSCR

$4,907

Rent

-$711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$589k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$118k

Closing costs

1%

$5,890

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$4,907

Total Expenses

$5,618

Mortgage P&I

59%

$2,896

Property Taxes

3%

$139

Home Insurance

4%

$206

HOA

0%

$22

Property Management

15%

$736

CapEx

4%

$196

Vacancy

0%

$0

Maintenance

4%

$196

Other

25%

$1,227

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