Idaho Gems: Waterfront Investments

Waterfront properties that bring in the returns

Author

Ryan Anstett
August 03, 2023

  • Do you have a Vacation Rental you want to market? Connect with us to get in front of our list of investors.

Today’s Featured Home. Subscribe for details!

To access property address’, contact information and all of today’s opportunities. Upgrade for details! For a free 30 Min consultation call Click Here.

Harrison, ID

Listed by Cheyenne Tate | Berkshire Hathaway HomeServices Jacklin Real Estate

Prime waterfront opportunity in Echo Bay, just 20 minutes from downtown Coeur d'Alene! With 100 feet of deeded waterfront and a huge private dock a stone's throw from the property, this buildable .65 acre lot is a blank canvas awaiting your vision. With level terrain, septic, and all utilities in place, it's the perfect spot to build your dream home or take advantage of the cozy 2-bed, 2-bath home already on site...

Property Details

  • $449,000

  • 2 Bedrooms/2 Baths

  • Average Daily Rate: $318

  • Occupancy Rate: 58%

Projections

  • Down Payment: $89,800

  • Cash to Close: $140,530

  • Monthly Income: $5,610

  • Monthly Expenses: $4,575

  • Monthly expected cash flow: $1,036

  • Expected cash on cash return: 8.84%

  • Property Value in 10 Years $726,808

Subscribe to The Wanderlist for more details.

Become a paying subscriber of The Wanderlist to get access to the full post and other subscriber-only content for the cost of a cup of coffee/month.

Upgrade to get:

  1. The full list of the best daily deals. Including Addresses and a complete done for you list of vendors.

  2. Professional network to lay the groundwork for a Done For You Short term Rental Business

  3. Short Term Rental Consultation. 1Hr. deep dive ($150) Complimentary with Yearly subscription.

Subscribe to Premium to read the rest.

Become a paying subscriber of Premium to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.