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2400 Tammy LANE, Racine, WI 53402

3 beds • 3 baths • 2000 sqft

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This property looks like a bad Airbnb investment with a projected -9.52% first-year return on $103k initial cash invested.

-9.52%

Cash On Cash

4.07%

Cap Rate

0.67

DSCR

$3,627

Rent

-$819

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,627 income − $4,446 expenses = $819 out of pocket

Income$3,627Out of Pocket$819Mortgage P&I$2,05057%Property Taxes$51214%Insurance$1434%Management$54415%CapEx$1454%Maintenance$1454%Other$90725%

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,180

Closing costs

1%

$4,059

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,627

Total Expenses

$4,446

Mortgage P&I

57%

$2,050

Property Taxes

14%

$512

Home Insurance

4%

$143

HOA

0%

$0

Property Management

15%

$544

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$907

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