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4601 Wright AVENUE, Racine, WI 53405

3 beds • 1 baths • 906 sqft

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This property looks like a bad Long-Term investment with a projected -9.83% first-year return on $48,342 initial cash invested.

-9.83%

Cash On Cash

4.68%

Cap Rate

0.74

DSCR

$1,660

Rent

-$396

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

$48,342

Downpayment

20%

$46,040

Closing costs

1%

$2,302

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,660

Total Expenses

$2,056

Mortgage P&I

73%

$1,210

Property Taxes

20%

$332

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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Comparable Property

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1

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$2,850

5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

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0.6 mi

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