REI Lense

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$2,846 (target)

4215 Pennington LANE, Racine, WI 53403

3 beds • 3 baths • 3604 sqft

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This property looks like a bad Long-Term investment with a projected -13.26% first-year return on $106k initial cash invested.

-13.26%

Cash On Cash

3.64%

Cap Rate

0.6

DSCR

$2,846

Rent

-$1,169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $4,015 expenses = $1,169 out of pocket

Income$2,846Out of Pocket$1,169Mortgage P&I$2,55490%Property Taxes$54019%Insurance$1816%Management$28510%CapEx$1425%Vacancy$1716%Maintenance$1425%

Investment Breakdown

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Purchase Price

$504k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$101k

Closing costs

1%

$5,039

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,846

Total Expenses

$4,015

Mortgage P&I

90%

$2,554

Property Taxes

19%

$540

Home Insurance

6%

$181

HOA

0%

$0

Property Management

10%

$285

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

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