REI Lense

REI Lense

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$2,204 (target)

409 18th Ave NW, Watertown, SD 57201

3 beds • 2 baths • 1812 sqft

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This property looks like a bad Long-Term investment with a projected -15.34% first-year return on $94,395 initial cash invested.

-15.34%

Cash On Cash

3.17%

Cap Rate

0.52

DSCR

$2,204

Rent

-$1,207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,204 income − $3,411 expenses = $1,207 out of pocket

Income$2,204Out of Pocket$1,207Mortgage P&I$2,285104%Property Taxes$39718%Insurance$1577%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,395

Downpayment

20%

$89,900

Closing costs

1%

$4,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,204

Total Expenses

$3,411

Mortgage P&I

104%

$2,285

Property Taxes

18%

$397

Home Insurance

7%

$157

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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