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1608 CEDAR ST
SANDPOINT, ID 83864-2085
Asking Price
$920K
Cap Rate
5.25%
Asset Type
Multifamily
Class
Class B
What's Special
100% Leased | Built in 2024 | 3 Units <ul><li>Multifamily • 3 Units • 2,340 SF</li><li>New construction completed in 2024</li><li>Low-maintenance investment property</li><li>Proven rental income with established tenants</li><li>Two 2-bedroom units and one 1-bedroom unit</li><li>Modern construction with energy-efficient building practices</li><li>Quartz countertops, stainless steel appliances, and LVP flooring</li><li>Efficient mini-split HVAC systems in each unit</li><li>Spacious floor plans with large windows and tall ceil
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NOI
$80,000
Cap Rate
8.70%
DSCR
1.46
Strong
Cash-on-Cash
9.20%
Monthly Payment
$4,551.658
Annual Cash Flow
$25,380.104