REI Lense

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$1,574 (target)

1844 N 23rd STREET, Sheboygan, WI 53081

3 beds • 2 baths • 1684 sqft

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This property looks like a bad Long-Term investment with a projected -15.17% first-year return on $70,329 initial cash invested.

-15.17%

Cash On Cash

3.02%

Cap Rate

0.51

DSCR

$1,574

Rent

-$889

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,574 income − $2,463 expenses = $889 out of pocket

Income$1,574Out of Pocket$889Mortgage P&I$1,652105%Property Taxes$28318%Insurance$1198%Management$15710%CapEx$795%Vacancy$946%Maintenance$795%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,574

Total Expenses

$2,463

Mortgage P&I

105%

$1,652

Property Taxes

18%

$283

Home Insurance

8%

$119

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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