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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 -9.9% first-year return on $103k initial cash invested.

-9.9%

Cash On Cash

3.96%

Cap Rate

0.65

DSCR

$3,565

Rent

-$852

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$3,565

Total Expenses

$4,417

Mortgage P&I

57%

$2,050

Property Taxes

14%

$512

Home Insurance

4%

$143

HOA

0%

$0

Property Management

15%

$535

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$891

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