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1624 Carlisle AVENUE, Racine, WI 53404

3 beds • 1 baths • 1311 sqft

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This property looks like a bad Airbnb investment with a projected -2.29% first-year return on $68,190 initial cash invested.

-2.29%

Cash On Cash

6.23%

Cap Rate

0.99

DSCR

$2,838

Rent

-$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,838

Total Expenses

$2,968

Mortgage P&I

44%

$1,256

Property Taxes

9%

$264

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$710

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2

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