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$3,280 (target)

3104 Park Dr, Rapid City, SD 57702

3 beds • 3 baths • 2631 sqft

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This property looks like a bad Mid-Term investment with a projected -14.27% first-year return on $144k initial cash invested.

-14.27%

Cash On Cash

3.18%

Cap Rate

0.5

DSCR

$3,280

Rent

-$1,712

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,280 income − $4,992 expenses = $1,712 out of pocket

Income$3,280Out of Pocket$1,712Mortgage P&I$3,17297%Property Taxes$49515%Insurance$2106%Management$39412%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36111%

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,280

Total Expenses

$4,992

Mortgage P&I

97%

$3,172

Property Taxes

15%

$495

Home Insurance

6%

$210

HOA

0%

$0

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$361

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