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6255 S Tarrega Ln, Meridian, ID 83642

4 beds • 4 baths • 4377 sqft

$1,695,000

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This property looks like a bad Long-Term investment with a projected -24.31% first-year return on $356k initial cash invested.

-24.31%

Cash On Cash

1.04%

Cap Rate

0.17

DSCR

$2,920

Rent

-$7,210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1695k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$356k

Downpayment

20%

$339k

Closing costs

1%

$16,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,920

Total Expenses

$10,130

Mortgage P&I

292%

$8,526

Property Taxes

9%

$252

Home Insurance

20%

$593

HOA

0%

$0

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

3631 S Natural Way, Unit 1, Meridian, ID 83642

$1,700

4

3

1.7 mi

330 E Jarvis St, Meridian, ID 83642

$2,700

4

3

2561

0.4 mi

2734 E Romeo Dr, Meridian, ID 83642

$2,895

4

3

3017

2.1 mi

56 E Jarvis St, Meridian, ID 83642

$3,000

4

2.5

2959

0.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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