REI Lense

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$6,012 (target)

1228 5 Mile ROAD, Racine, WI 53402

3 beds • 3 baths • 3558 sqft

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This property looks like a bad Mid-Term investment with a projected -4.01% first-year return on $163k initial cash invested.

-4.01%

Cash On Cash

5.52%

Cap Rate

0.91

DSCR

$6,012

Rent

-$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,012 income − $6,558 expenses = $546 out of pocket

Income$6,012Out of Pocket$546Mortgage P&I$3,49358%Property Taxes$77813%Insurance$2454%Management$72112%CapEx$2404%Vacancy$1803%Maintenance$2404%Other$66111%

Investment Breakdown

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Purchase Price

$693k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$139k

Closing costs

1%

$6,927

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,012

Total Expenses

$6,558

Mortgage P&I

58%

$3,493

Property Taxes

13%

$778

Home Insurance

4%

$245

HOA

0%

$0

Property Management

12%

$721

CapEx

4%

$240

Vacancy

3%

$180

Maintenance

4%

$240

Other

11%

$661

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