REI Lense

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$4,968 (target)

2622 Homestead Rd, Madison, WI 53711

3 beds • 3 baths • 2600 sqft

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This property looks like a bad Mid-Term investment with a projected -0.66% first-year return on $120k initial cash invested.

-0.66%

Cash On Cash

6.57%

Cap Rate

1.05

DSCR

$4,968

Rent

-$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,968 income − $5,034 expenses = $66 out of pocket

Income$4,968Out of Pocket$66Mortgage P&I$2,52351%Property Taxes$65013%Insurance$1723%Management$59612%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54611%

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,080

Closing costs

1%

$4,854

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,968

Total Expenses

$5,034

Mortgage P&I

51%

$2,523

Property Taxes

13%

$650

Home Insurance

3%

$172

HOA

0%

$0

Property Management

12%

$596

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$546

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