REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,407 (target)

1607 Westview Dr, Mitchell, SD 57301

3 beds • 2 baths • 1910 sqft

Email

This property looks like a bad Long-Term investment with a projected -17.31% first-year return on $67,179 initial cash invested.

-17.31%

Cash On Cash

2.97%

Cap Rate

0.47

DSCR

$1,407

Rent

-$969

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,407 income − $2,376 expenses = $969 out of pocket

Income$1,407Out of Pocket$969Mortgage P&I$1,691120%Property Taxes$20815%Insurance$1128%Management$14110%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,407

Total Expenses

$2,376

Mortgage P&I

120%

$1,691

Property Taxes

15%

$208

Home Insurance

8%

$112

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis