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1719 Park AVENUE, Racine, WI 53403

3 beds • 2 baths • 1686 sqft

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This property might be a fair Airbnb investment with a projected 8.44% first-year return on $65,859 initial cash invested.

8.44%

Cash On Cash

9.96%

Cap Rate

1.5

DSCR

$4,260

Rent

$463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,260 income − $3,797 expenses = $463 cash flow

Income$4,260Mortgage P&I$1,25930%Property Taxes$41710%Insurance$772%Management$63915%CapEx$1704%Maintenance$1704%Other$1,06525%Cash Flow$463

Investment Breakdown

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Purchase Price

$228k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,859

Downpayment

20%

$45,580

Closing costs

1%

$2,279

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$4,260

Total Expenses

$3,797

Mortgage P&I

30%

$1,259

Property Taxes

10%

$417

Home Insurance

2%

$77

HOA

0%

$0

Property Management

15%

$639

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,065

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