Beautiful Lake Homes up to 23% CoC Return

Harrison and Twin Lakes

Author

Ryan Anstett
August 24, 2023

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Rathdrum, ID

Listed by Sean Ness | Coldwell Banker Tomlinson

Don't let this opportunity pass you by! Two waterfront parcels on Twin Lakes with endless possibilities with just over 1/2 acre! Enjoy the existing furnished cabin this Summer and for years to come and/or plan your North Idaho dream oasis on the water. Quick & easy access from the paved County Rd. make this a convenient get away…

Property Details

  • $350,000

  • 2 Bedrooms/1 Baths

  • Average Daily Rate: $215

  • Occupancy Rate: 60%

Projections

  • Down Payment: $87,500

  • Cash to Close: $121,250

  • Monthly Income: $3,924

  • Monthly Expenses: $3,145

  • Monthly expected cash flow: $779

  • Expected cash on cash return: 7.71%

  • Property Value in 10 Years $548,239

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