REI Lense

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$1,391 (target)

225 4th Ave SW, Watertown, SD 57201

3 beds • 2 baths • 1318 sqft

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This property looks like a bad Long-Term investment with a projected -7.94% first-year return on $40,509 initial cash invested.

-7.94%

Cash On Cash

5.48%

Cap Rate

0.82

DSCR

$1,391

Rent

-$268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,391 income − $1,659 expenses = $268 out of pocket

Income$1,391Out of Pocket$268Mortgage P&I$1,07978%Property Taxes$14811%Insurance$705%Management$13910%CapEx$705%Vacancy$836%Maintenance$705%

Investment Breakdown

|

Purchase Price

$193k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,509

Downpayment

20%

$38,580

Closing costs

1%

$1,929

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,391

Total Expenses

$1,659

Mortgage P&I

78%

$1,079

Property Taxes

11%

$148

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$70

Vacancy

6%

$83

Maintenance

5%

$70

Other

0%

$0

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