REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,029 (target)

13021 Melcor Rd, Rapid City, SD 57702

3 beds • 2 baths • 2700 sqft

Email

This property looks like a bad Long-Term investment with a projected -26.84% first-year return on $160k initial cash invested.

-26.84%

Cash On Cash

1.29%

Cap Rate

0.19

DSCR

$2,029

Rent

-$3,569

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,029 income − $5,598 expenses = $3,569 out of pocket

Income$2,029Out of Pocket$3,569Mortgage P&I$4,285211%Property Taxes$52026%Insurance$26613%Management$20310%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$760k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$152k

Closing costs

1%

$7,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,029

Total Expenses

$5,598

Mortgage P&I

211%

$4,285

Property Taxes

26%

$520

Home Insurance

13%

$266

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis