518 E Denver , Caldwell, ID 83605
$650,000
Est. Payment: $1,444.44/mo
4 Bed
2 Bath
1652 Sqft
Status: Active | Days on site: 3
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11269 - 19462
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House Description

This is a business opportunity offering a transitional housing program to those exiting incarceration. If you are looking for residential income properties, consider this alternative. The program has space for 8 participants at a time. The offering includes the real estate (a 4 bed 2 bath 1652 sf home). Participants pay monthly participation fees of $600 per participant. $4,800 per month of income. Expenses average roughly $400-500 per month. $4,300-4,400 per month cash flow to owner ($51,600 per year). Compare this business opportunity to a residential investment property. This opportunity is offered at an equivalent to an 8%+/- cap rate. Assessed Value is $267,000.

Highlights

Listed by Gregory Davis , 208-739-3175 KW Commercial , 208-475-1313.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1972

County

Canyon

Neighborhood

Golden Gate Sub

School District

Caldwell School District #132

Listing ID

99000602

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:

Exterior Features

Lot:Standard Lot 6000-9999 SF,1 Acre or Less
Garage Capacity:2
Zoning:TN
Principal Interest
$1,444
Taxes
$144

Home Price

$650,000

Loan Details

30 yrs
%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,444.44 $144.29 $0.00 $1,588.74
Yearly $17,333.33 $1,731.52 $0.00 $19,064.85
Total $520,000.00 $51,945.60 $0.00 $571,945.60

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Caldwell, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.