REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

4601 Wright AVENUE, Racine, WI 53405

3 beds • 1 baths • 906 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.18% first-year return on $66,342 initial cash invested.

-3.18%

Cash On Cash

5.97%

Cap Rate

0.95

DSCR

$2,784

Rent

-$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,342

Downpayment

20%

$46,040

Closing costs

1%

$2,302

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,784

Total Expenses

$2,960

Mortgage P&I

43%

$1,210

Property Taxes

12%

$332

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$696

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Historic Racine Property! - The Parish House

$8,099

$317

3

1

1.45 mi

Urban!!! Pro Cleaned, Self Check In - Sleeps 10

$2,708

$106

3

1

1.47 mi

Family Living! Pro Cleaned, Self Check In Sleeps 8

$2,376

$93

3

1.5

1.25 mi

The Brickmason’s House

$7,231

$283

3

2

0.79 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis