REI Lense

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$3,112 (target)

4102 Parkridge Pl, Rapid City, SD 57702

3 beds • 4 baths • 2404 sqft

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This property looks like a bad Long-Term investment with a projected -12.9% first-year return on $125k initial cash invested.

-12.9%

Cash On Cash

3.76%

Cap Rate

0.61

DSCR

$3,112

Rent

-$1,338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,112 income − $4,450 expenses = $1,338 out of pocket

Income$3,112Out of Pocket$1,338Mortgage P&I$3,04198%Property Taxes$38012%Insurance$2197%Management$31110%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

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Purchase Price

$593k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,929

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,112

Total Expenses

$4,450

Mortgage P&I

98%

$3,041

Property Taxes

12%

$380

Home Insurance

7%

$219

HOA

0%

$0

Property Management

10%

$311

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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