REI Lense

REI Lense

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$1,829 (target)

727 N Ocean Ave, Meridian, ID 83642

3 beds • 2 baths • 1110 sqft

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This property looks like a bad Long-Term investment with a projected -13.2% first-year return on $86,079 initial cash invested.

-13.2%

Cash On Cash

3.39%

Cap Rate

0.57

DSCR

$1,829

Rent

-$947

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,079

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,829

Total Expenses

$2,776

Mortgage P&I

110%

$2,014

Property Taxes

7%

$130

Home Insurance

8%

$144

HOA

1%

$13

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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