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$2,872 (target)

1314 Quincy St, Rapid City, SD 57701

3 beds • 2 baths • 1692 sqft

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This property looks like a bad Mid-Term investment with a projected -3.09% first-year return on $81,651 initial cash invested.

-3.09%

Cash On Cash

6.48%

Cap Rate

0.95

DSCR

$2,872

Rent

-$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,872 income − $3,082 expenses = $210 out of pocket

Income$2,872Out of Pocket$210Mortgage P&I$1,73160%Property Taxes$2649%Insurance$1104%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,651

Downpayment

20%

$60,620

Closing costs

1%

$3,031

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,872

Total Expenses

$3,082

Mortgage P&I

60%

$1,731

Property Taxes

9%

$264

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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