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812 Mellette Ave, Pierre, SD 57501

3 beds • 2 baths • 0 sqft

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This property looks like a bad Airbnb investment with a projected -12.7% first-year return on $81,567 initial cash invested.

-12.7%

Cash On Cash

3.64%

Cap Rate

0.54

DSCR

$2,227

Rent

-$863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,227 income − $3,090 expenses = $863 out of pocket

Income$2,227Out of Pocket$863Mortgage P&I$1,69376%Property Taxes$22010%Insurance$1085%Management$33415%CapEx$894%Maintenance$894%Other$55725%

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,567

Downpayment

20%

$60,540

Closing costs

1%

$3,027

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,227

Total Expenses

$3,090

Mortgage P&I

76%

$1,693

Property Taxes

10%

$220

Home Insurance

5%

$108

HOA

0%

$0

Property Management

15%

$334

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$557

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