Calculate cap rates using South Dakota market data. Property tax, insurance, vacancy rates, and other defaults are pre-filled with current South Dakota averages. Net Operating Income ÷ Property Price
Avg Cap Rate
6.5%
Median Price
$320K
Property Tax
1%
Vacancy Rate
7.6%
Local Factors
Cap Rate
0.6%
What does this mean?
A cap rate below 4% is typical for premium locations with lower risk but limited cash flow. Common in Class A properties in major metros.
Keep running the numbers
Cap rate tells you the return without financing. Now see what happens when you add a mortgage with South Dakota rates.
Measure the annual return on your actual cash invested, factoring in financing, expenses, and rental income.
Calculate Net Operating Income — the foundation of commercial real estate valuation.
Quickly screen and compare rental properties by how many years of gross income cover the purchase price.