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$2,570 (target)

12 5th Ave NE, Watertown, SD 57201

3 beds • 2 baths • 1850 sqft

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This property could be a profitable Mid-Term investment with a projected 10.4% first-year return on $57,711 initial cash invested.

10.4%

Cash On Cash

10.21%

Cap Rate

1.6

DSCR

$2,570

Rent

$500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,570 income − $2,070 expenses = $500 cash flow

Income$2,570Mortgage P&I$1,00639%Property Taxes$1225%Insurance$683%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$500

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,711

Downpayment

20%

$37,820

Closing costs

1%

$1,891

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,570

Total Expenses

$2,070

Mortgage P&I

39%

$1,006

Property Taxes

5%

$122

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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