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1512 Sharp Dr, Rapid City, SD 57703

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 5.21% first-year return on $68,190 initial cash invested.

5.21%

Cash On Cash

8.37%

Cap Rate

1.32

DSCR

$2,702

Rent

$296

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,702

Total Expenses

$2,406

Mortgage P&I

47%

$1,263

Property Taxes

5%

$141

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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