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$2,110 (target)

1607 Westview Dr, Mitchell, SD 57301

3 beds • 2 baths • 1910 sqft

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This property looks like a bad Mid-Term investment with a projected -8.69% first-year return on $85,179 initial cash invested.

-8.69%

Cash On Cash

4.34%

Cap Rate

0.68

DSCR

$2,110

Rent

-$617

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,110 income − $2,727 expenses = $617 out of pocket

Income$2,110Out of Pocket$617Mortgage P&I$1,69180%Property Taxes$20810%Insurance$1125%Management$25312%CapEx$844%Vacancy$633%Maintenance$844%Other$23211%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,110

Total Expenses

$2,727

Mortgage P&I

80%

$1,691

Property Taxes

10%

$208

Home Insurance

5%

$112

HOA

0%

$0

Property Management

12%

$253

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$232

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