REI Lense

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$2,663 (target)

3298 S Cobble Pl, Meridian, ID 83642

3 beds • 3 baths • 2209 sqft

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This property looks like a bad Long-Term investment with a projected -16.03% first-year return on $147k initial cash invested.

-16.03%

Cash On Cash

2.82%

Cap Rate

0.47

DSCR

$2,663

Rent

-$1,964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,663 income − $4,627 expenses = $1,964 out of pocket

Income$2,663Out of Pocket$1,964Mortgage P&I$3,475130%Property Taxes$1827%Insurance$2459%HOA$331%Management$26610%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

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Purchase Price

$700k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$7,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,663

Total Expenses

$4,627

Mortgage P&I

130%

$3,475

Property Taxes

7%

$182

Home Insurance

9%

$245

HOA

1%

$33

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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