REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,667 (target)

615 E 5th Ave, Mitchell, SD 57301

3 beds • 3 baths • 1872 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.26% first-year return on $73,251 initial cash invested.

2.26%

Cash On Cash

7.12%

Cap Rate

1.19

DSCR

$2,667

Rent

$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,667 income − $2,529 expenses = $138 cash flow

Income$2,667Mortgage P&I$1,31649%Property Taxes$2108%Insurance$964%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%Cash Flow$138

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

$2,667

Total Expenses

$2,529

Mortgage P&I

49%

$1,316

Property Taxes

8%

$210

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis