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$2,036 (target)

40994 McKinley Pl, Mitchell, SD 57301

3 beds • 3 baths • 3468 sqft

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This property looks like a bad Mid-Term investment with a projected -13.39% first-year return on $91,983 initial cash invested.

-13.39%

Cash On Cash

3.2%

Cap Rate

0.5

DSCR

$2,036

Rent

-$1,026

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,036 income − $3,062 expenses = $1,026 out of pocket

Income$2,036Out of Pocket$1,026Mortgage P&I$1,88493%Property Taxes$35818%Insurance$1296%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22411%

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,983

Downpayment

20%

$70,460

Closing costs

1%

$3,523

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,036

Total Expenses

$3,062

Mortgage P&I

93%

$1,884

Property Taxes

18%

$358

Home Insurance

6%

$129

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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