REI Lense

REI Lense

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$4,008 (target)

1228 5 Mile ROAD, Racine, WI 53402

3 beds • 3 baths • 3558 sqft

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This property looks like a bad Long-Term investment with a projected -12.78% first-year return on $145k initial cash invested.

-12.78%

Cash On Cash

3.71%

Cap Rate

0.61

DSCR

$4,008

Rent

-$1,549

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,008 income − $5,557 expenses = $1,549 out of pocket

Income$4,008Out of Pocket$1,549Mortgage P&I$3,49387%Property Taxes$77819%Insurance$2456%Management$40110%CapEx$2005%Vacancy$2406%Maintenance$2005%

Investment Breakdown

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Purchase Price

$693k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$139k

Closing costs

1%

$6,927

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,008

Total Expenses

$5,557

Mortgage P&I

87%

$3,493

Property Taxes

19%

$778

Home Insurance

6%

$245

HOA

0%

$0

Property Management

10%

$401

CapEx

5%

$200

Vacancy

6%

$240

Maintenance

5%

$200

Other

0%

$0

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