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1022 W Madison STREET #1024, Milwaukee, WI 53204
beds • baths • sqft • 2 units
$375,000
View on ZillowThis property could be a profitable Long-Term investment with a projected 20.31% first-year return on $109k initial cash invested.
20.31%
Cash On Cash
12.9%
Cap Rate
2.13
DSCR
$6,000
Rent
$1,841
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
7%
$25,000
Furnishing
1%
$5,000
Cashflow
Total Income
$6,000
Total Expenses
$4,159
Mortgage P&I
31%
$1,889
Property Taxes
10%
$570
Home Insurance
2%
$140
HOA
0%
$0
Property Management
10%
$600
CapEx
5%
$300
Vacancy
6%
$360
Maintenance
5%
$300
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | Distance |
|---|---|---|---|---|
2005 S 7th St, Unit Lower, Milwaukee, WI 53204 | $1,300 | 3 | 1 | 0.7 mi |
1959 S 19th St, Milwaukee, WI 53204 | $895 | 2 | 1 | 0.9 mi |
1425A S 11th St, Unit Lower, Milwaukee, WI 53204 | $936 | 2 | 1 | 0.1 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY