REI Lense

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$1,864 (target)

13741 47th Ave W, Rapid City, SD 57702

3 beds • 2 baths • 1736 sqft

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This property looks like a bad Long-Term investment with a projected -21.83% first-year return on $118k initial cash invested.

-21.83%

Cash On Cash

1.96%

Cap Rate

0.31

DSCR

$1,864

Rent

-$2,139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,864 income − $4,003 expenses = $2,139 out of pocket

Income$1,864Out of Pocket$2,139Mortgage P&I$2,960159%Property Taxes$36319%Insurance$19611%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

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Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$112k

Closing costs

1%

$5,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,864

Total Expenses

$4,003

Mortgage P&I

159%

$2,960

Property Taxes

19%

$363

Home Insurance

11%

$196

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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