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$2,526 (target)

2202 10th Ave SW, Watertown, SD 57201

3 beds • 2 baths • 1232 sqft

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This property could be a profitable Mid-Term investment with a projected 28.26% first-year return on $42,129 initial cash invested.

28.26%

Cash On Cash

17.69%

Cap Rate

2.82

DSCR

$2,526

Rent

$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,526 income − $1,534 expenses = $992 cash flow

Income$2,526Mortgage P&I$60124%Property Taxes$341%Insurance$402%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$992

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,129

Downpayment

20%

$22,980

Closing costs

1%

$1,149

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,526

Total Expenses

$1,534

Mortgage P&I

24%

$601

Property Taxes

1%

$34

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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