REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,554 (target)

308 7th St SE, Watertown, SD 57201

3 beds • 2 baths • 2151 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.22% first-year return on $81,693 initial cash invested.

-2.22%

Cash On Cash

5.84%

Cap Rate

0.97

DSCR

$2,554

Rent

-$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,554 income − $2,705 expenses = $151 out of pocket

Income$2,554Out of Pocket$151Mortgage P&I$1,52460%Property Taxes$2038%Insurance$1104%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,693

Downpayment

20%

$60,660

Closing costs

1%

$3,033

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,554

Total Expenses

$2,705

Mortgage P&I

60%

$1,524

Property Taxes

8%

$203

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis