REI Lense

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$2,459 (target)

3327 E Murchison St, Meridian, ID 83642

3 beds • 3 baths • 1884 sqft

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This property looks like a bad Long-Term investment with a projected -14.99% first-year return on $126k initial cash invested.

-14.99%

Cash On Cash

3.06%

Cap Rate

0.51

DSCR

$2,459

Rent

-$1,571

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,459 income − $4,030 expenses = $1,571 out of pocket

Income$2,459Out of Pocket$1,571Mortgage P&I$2,974121%Property Taxes$1566%Insurance$2109%HOA$502%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,459

Total Expenses

$4,030

Mortgage P&I

121%

$2,974

Property Taxes

6%

$156

Home Insurance

9%

$210

HOA

2%

$50

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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