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$1,618 (target)

40998 McKinley Pl, Mitchell, SD 57301

3 beds • 2 baths • 1175 sqft

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This property looks like a bad Mid-Term investment with a projected -14.61% first-year return on $94,650 initial cash invested.

-14.61%

Cash On Cash

2.77%

Cap Rate

0.44

DSCR

$1,618

Rent

-$1,152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,618 income − $2,770 expenses = $1,152 out of pocket

Income$1,618Out of Pocket$1,152Mortgage P&I$1,929119%Property Taxes$16210%Insurance$1288%Management$19412%CapEx$654%Vacancy$493%Maintenance$654%Other$17811%

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,618

Total Expenses

$2,770

Mortgage P&I

119%

$1,929

Property Taxes

10%

$162

Home Insurance

8%

$128

HOA

0%

$0

Property Management

12%

$194

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$178

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