REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,984 (target)

7450 Dark Canyon Rd, Rapid City, SD 57702

3 beds • 2 baths • 2509 sqft

$1,695,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -23.6% first-year return on $374k initial cash invested.

-23.6%

Cash On Cash

1.03%

Cap Rate

0.17

DSCR

$3,984

Rent

-$7,353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,984 income − $11,337 expenses = $7,353 out of pocket

Income$3,984Out of Pocket$7,353Mortgage P&I$8,643217%Property Taxes$74719%Insurance$59315%Management$47812%CapEx$1594%Vacancy$1203%Maintenance$1594%Other$43811%

Investment Breakdown

|

Purchase Price

$1695k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$374k

Downpayment

20%

$339k

Closing costs

1%

$16,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,984

Total Expenses

$11,337

Mortgage P&I

217%

$8,643

Property Taxes

19%

$747

Home Insurance

15%

$593

HOA

0%

$0

Property Management

12%

$478

CapEx

4%

$159

Vacancy

3%

$120

Maintenance

4%

$159

Other

11%

$438

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis