REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,718 (target)

1174 3rd St NW, Watertown, SD 57201

3 beds • 2 baths • 2472 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.27% first-year return on $56,679 initial cash invested.

-10.27%

Cash On Cash

4.41%

Cap Rate

0.71

DSCR

$1,718

Rent

-$485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,718 income − $2,203 expenses = $485 out of pocket

Income$1,718Out of Pocket$485Mortgage P&I$1,39281%Property Taxes$27016%Insurance$945%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,718

Total Expenses

$2,203

Mortgage P&I

81%

$1,392

Property Taxes

16%

$270

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis