REI Lense

REI Lense

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$1,793 (target)

1721 Stoddard CIRCLE, Racine, WI 53406

3 beds • 2 baths • 1042 sqft

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This property looks like a bad Long-Term investment with a projected -11.5% first-year return on $53,004 initial cash invested.

-11.5%

Cash On Cash

4.44%

Cap Rate

0.69

DSCR

$1,793

Rent

-$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$252k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,004

Downpayment

20%

$50,480

Closing costs

1%

$2,524

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,793

Total Expenses

$2,301

Mortgage P&I

75%

$1,351

Property Taxes

22%

$395

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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