Closed Deal · #13
Condo — Short-Term Rental in Sandpoint, ID — DSCR R&T
$340,000 · 30-Yr DSCR — Rate & Term
Deal terms
- Property type
- Condo — Short-Term Rental
- Location
- Sandpoint, ID
- Loan type
- DSCR R&T
- Program
- 30-Yr DSCR — Rate & Term
- Leverage
- 75%
- Rate
- N/A
- Deal value
- $340,000
How we structured it
Sandpoint, Idaho — premium lakeside resort market. Condo STR at 75% LTV via rate & term refi locks in long-term financing on a proven income property.
Lake Pend Oreille area draws year-round tourism. STR condos command $150–$300/night. Net cash-on-cash: 8–12%.
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