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$2,668 (target)

2223 Hayes AVENUE, Racine, WI 53405

3 beds • 2 baths • 1678 sqft

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This property looks like a bad Mid-Term investment with a projected -1.12% first-year return on $70,479 initial cash invested.

-1.12%

Cash On Cash

6.68%

Cap Rate

1.03

DSCR

$2,668

Rent

-$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,668 income − $2,734 expenses = $66 out of pocket

Income$2,668Out of Pocket$66Mortgage P&I$1,35151%Property Taxes$38815%Insurance$883%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,668

Total Expenses

$2,734

Mortgage P&I

51%

$1,351

Property Taxes

15%

$388

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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