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1456 129th St, New Richmond, WI 54017

3 beds • 2 baths • 1970 sqft

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This property looks like a bad Airbnb investment with a projected -16.12% first-year return on $120k initial cash invested.

-16.12%

Cash On Cash

2.36%

Cap Rate

0.39

DSCR

$2,599

Rent

-$1,616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,599 income − $4,215 expenses = $1,616 out of pocket

Income$2,599Out of Pocket$1,616Mortgage P&I$2,46895%Property Taxes$32713%Insurance$1727%Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

Investment Breakdown

|

Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,420

Closing costs

1%

$4,871

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,599

Total Expenses

$4,215

Mortgage P&I

95%

$2,468

Property Taxes

13%

$327

Home Insurance

7%

$172

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

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