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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 -11% first-year return on $84,969 initial cash invested.

-11%

Cash On Cash

3.5%

Cap Rate

0.58

DSCR

$2,486

Rent

-$779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,486 income − $3,265 expenses = $779 out of pocket

Income$2,486Out of Pocket$779Mortgage P&I$1,61165%Property Taxes$34414%Insurance$1175%Management$37315%CapEx$994%Maintenance$994%Other$62225%

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

$2,486

Total Expenses

$3,265

Mortgage P&I

65%

$1,611

Property Taxes

14%

$344

Home Insurance

5%

$117

HOA

0%

$0

Property Management

15%

$373

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$622

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