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3222 Yorktown STREET, Racine, WI 53404

3 beds • 2 baths • 1810 sqft

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This property looks like a bad Airbnb investment with a projected -10.22% first-year return on $84,969 initial cash invested.

-10.22%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$2,593

Rent

-$724

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,593 income − $3,317 expenses = $724 out of pocket

Income$2,593Out of Pocket$724Mortgage P&I$1,61162%Property Taxes$34413%Insurance$1175%Management$38915%CapEx$1044%Maintenance$1044%Other$64825%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,969

Downpayment

20%

$63,780

Closing costs

1%

$3,189

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,593

Total Expenses

$3,317

Mortgage P&I

62%

$1,611

Property Taxes

13%

$344

Home Insurance

5%

$117

HOA

0%

$0

Property Management

15%

$389

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$648

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