REI Lense

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$3,615 (target)

611 E Halpin Dr, Meridian, ID 83646

3 beds • 2 baths • 1811 sqft

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This property looks like a bad Mid-Term investment with a projected -6.33% first-year return on $128k initial cash invested.

-6.33%

Cash On Cash

4.97%

Cap Rate

0.8

DSCR

$3,615

Rent

-$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,615 income − $4,292 expenses = $677 out of pocket

Income$3,615Out of Pocket$677Mortgage P&I$2,70575%Property Taxes$1253%Insurance$1845%HOA$481%Management$43412%CapEx$1454%Vacancy$1083%Maintenance$1454%Other$39811%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,615

Total Expenses

$4,292

Mortgage P&I

75%

$2,705

Property Taxes

3%

$125

Home Insurance

5%

$184

HOA

1%

$48

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$108

Maintenance

4%

$145

Other

11%

$398

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