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$1,654 (target)

803 N Sanborn Blvd, Mitchell, SD 57301

3 beds • 2 baths • 1772 sqft

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This property looks like a bad Mid-Term investment with a projected -3.89% first-year return on $62,310 initial cash invested.

-3.89%

Cash On Cash

5.39%

Cap Rate

0.87

DSCR

$1,654

Rent

-$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,654 income − $1,856 expenses = $202 out of pocket

Income$1,654Out of Pocket$202Mortgage P&I$1,08466%Property Taxes$1368%Insurance$744%Management$19812%CapEx$664%Vacancy$503%Maintenance$664%Other$18211%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,310

Downpayment

20%

$42,200

Closing costs

1%

$2,110

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,654

Total Expenses

$1,856

Mortgage P&I

66%

$1,084

Property Taxes

8%

$136

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$198

CapEx

4%

$66

Vacancy

3%

$50

Maintenance

4%

$66

Other

11%

$182

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