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615 E 5th Ave, Mitchell, SD 57301

3 beds • 3 baths • 1872 sqft

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This property looks like a bad Airbnb investment with a projected -12.38% first-year return on $73,251 initial cash invested.

-12.38%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$1,667

Rent

-$756

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,667 income − $2,423 expenses = $756 out of pocket

Income$1,667Out of Pocket$756Mortgage P&I$1,31679%Property Taxes$21013%Insurance$966%Management$25015%CapEx$674%Maintenance$674%Other$41725%

Investment Breakdown

|

Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,251

Downpayment

20%

$52,620

Closing costs

1%

$2,631

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,667

Total Expenses

$2,423

Mortgage P&I

79%

$1,316

Property Taxes

13%

$210

Home Insurance

6%

$96

HOA

0%

$0

Property Management

15%

$250

CapEx

4%

$67

Vacancy

0%

$0

Maintenance

4%

$67

Other

25%

$417

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