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514 W Black Rock Dr, Meridian, ID 83646

4 beds • 3 baths • 2937 sqft

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This property looks like a bad Airbnb investment with a projected -7.51% first-year return on $161k initial cash invested.

-7.51%

Cash On Cash

4.41%

Cap Rate

0.75

DSCR

$5,001

Rent

-$1,005

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$130k

Closing costs

1%

$6,500

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$5,001

Total Expenses

$6,006

Mortgage P&I

64%

$3,196

Property Taxes

3%

$153

Home Insurance

5%

$228

HOA

1%

$29

Property Management

15%

$750

CapEx

4%

$200

Vacancy

0%

$0

Maintenance

4%

$200

Other

25%

$1,250

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