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225 4th Ave SW, Watertown, SD 57201

3 beds • 2 baths • 1318 sqft

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This property looks like a bad Airbnb investment with a projected -3.59% first-year return on $58,509 initial cash invested.

-3.59%

Cash On Cash

6.16%

Cap Rate

0.92

DSCR

$2,158

Rent

-$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,158 income − $2,333 expenses = $175 out of pocket

Income$2,158Out of Pocket$175Mortgage P&I$1,07950%Property Taxes$1487%Insurance$703%Management$32415%CapEx$864%Maintenance$864%Other$54025%

Investment Breakdown

|

Purchase Price

$193k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,509

Downpayment

20%

$38,580

Closing costs

1%

$1,929

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,158

Total Expenses

$2,333

Mortgage P&I

50%

$1,079

Property Taxes

7%

$148

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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