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4410 Goleys LANE, Racine, WI 53404

3 beds • 2 baths • 1346 sqft

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This property looks like a bad Airbnb investment with a projected -17.81% first-year return on $117k initial cash invested.

-17.81%

Cash On Cash

1.9%

Cap Rate

0.31

DSCR

$2,485

Rent

-$1,738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,485 income − $4,223 expenses = $1,738 out of pocket

Income$2,485Out of Pocket$1,738Mortgage P&I$2,38796%Property Taxes$47819%Insurance$1667%Management$37315%CapEx$994%Maintenance$994%Other$62125%

Investment Breakdown

|

Purchase Price

$472k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,400

Closing costs

1%

$4,720

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,485

Total Expenses

$4,223

Mortgage P&I

96%

$2,387

Property Taxes

19%

$478

Home Insurance

7%

$166

HOA

0%

$0

Property Management

15%

$373

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$621

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