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$2,919 (target)

200 S Vincennes CIRCLE, Racine, WI 53402

3 beds • 2 baths • 2024 sqft

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This property looks like a bad Mid-Term investment with a projected -7.95% first-year return on $103k initial cash invested.

-7.95%

Cash On Cash

4.36%

Cap Rate

0.72

DSCR

$2,919

Rent

-$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,919 income − $3,603 expenses = $684 out of pocket

Income$2,919Out of Pocket$684Mortgage P&I$2,04270%Property Taxes$43115%Insurance$1375%Management$35012%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32111%

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,220

Closing costs

1%

$4,061

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,919

Total Expenses

$3,603

Mortgage P&I

70%

$2,042

Property Taxes

15%

$431

Home Insurance

5%

$137

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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