REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1931 Quincy AVENUE, Racine, WI 53403

3 beds • 2 baths • 1267 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.09% first-year return on $55,650 initial cash invested.

-7.09%

Cash On Cash

4.86%

Cap Rate

0.82

DSCR

$1,860

Rent

-$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,860

Total Expenses

$2,189

Mortgage P&I

70%

$1,310

Property Taxes

16%

$302

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1952 Kearney Ave, Racine, WI 53403

$1,250

3

2

1401

0.4 mi

4602 17th St, Racine, WI 53405

$1,500

3

2

1100

1.1 mi

5303 Byrd Ave, Racine, WI 53406

$1,700

3

1.5

1296

1.5 mi

3226 Wheelock Dr, Racine, WI 53405

$2,400

3

2.5

1349

1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis