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4300 Kinzie STREET, Racine, WI 53405

3 beds • 1 baths • 1189 sqft

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This property looks like a bad Airbnb investment with a projected -5.07% first-year return on $73,650 initial cash invested.

-5.07%

Cash On Cash

5.04%

Cap Rate

0.85

DSCR

$2,842

Rent

-$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,842

Total Expenses

$3,153

Mortgage P&I

46%

$1,310

Property Taxes

14%

$386

Home Insurance

3%

$93

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$710

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