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606 Saint Charles St, Rapid City, SD 57701

2 beds • 1 baths • 1372 sqft

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This property looks like a bad Airbnb investment with a projected -6.27% first-year return on $69,813 initial cash invested.

-6.27%

Cash On Cash

4.71%

Cap Rate

0.81

DSCR

$2,612

Rent

-$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,813

Downpayment

20%

$55,060

Closing costs

1%

$2,753

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$2,612

Total Expenses

$2,977

Mortgage P&I

51%

$1,341

Property Taxes

11%

$292

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$653

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Eclectic Bungalow in the Heart of the City

$4,858

$242

2

2

0.54 mi

Close to Medical / Downtown area

$3,935

$196

2

1

0.35 mi

The Boulevard Bungalow

$4,236

$211

2

1

0.59 mi

Charming 1940's Cottage in central location

$3,393

$169

2

1

0.09 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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