REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,044 (target)

13021 Melcor Rd, Rapid City, SD 57702

3 beds • 2 baths • 2700 sqft

Email

This property looks like a bad Mid-Term investment with a projected -20.69% first-year return on $178k initial cash invested.

-20.69%

Cash On Cash

2.12%

Cap Rate

0.31

DSCR

$3,044

Rent

-$3,062

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,044 income − $6,106 expenses = $3,062 out of pocket

Income$3,044Out of Pocket$3,062Mortgage P&I$4,285141%Property Taxes$52017%Insurance$2669%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%

Investment Breakdown

|

Purchase Price

$760k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$152k

Closing costs

1%

$7,599

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,044

Total Expenses

$6,106

Mortgage P&I

141%

$4,285

Property Taxes

17%

$520

Home Insurance

9%

$266

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis