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$2,744 (target)

115 20th St NW, Watertown, SD 57201

3 beds • 2 baths • 2936 sqft

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This property looks like a bad Mid-Term investment with a projected -2.29% first-year return on $84,234 initial cash invested.

-2.29%

Cash On Cash

6.14%

Cap Rate

0.97

DSCR

$2,744

Rent

-$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,744 income − $2,905 expenses = $161 out of pocket

Income$2,744Out of Pocket$161Mortgage P&I$1,66661%Property Taxes$1907%Insurance$1164%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,234

Downpayment

20%

$63,080

Closing costs

1%

$3,154

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,744

Total Expenses

$2,905

Mortgage P&I

61%

$1,666

Property Taxes

7%

$190

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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