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$4,503 (target)

5309 Lathrop AVENUE, Racine, WI 53403

3 beds • 3 baths • 2524 sqft

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This property looks like a bad Mid-Term investment with a projected -3.38% first-year return on $129k initial cash invested.

-3.38%

Cash On Cash

5.6%

Cap Rate

0.93

DSCR

$4,503

Rent

-$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,503 income − $4,866 expenses = $363 out of pocket

Income$4,503Out of Pocket$363Mortgage P&I$2,64759%Property Taxes$50011%Insurance$1894%Management$54012%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49511%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,283

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,503

Total Expenses

$4,866

Mortgage P&I

59%

$2,647

Property Taxes

11%

$500

Home Insurance

4%

$189

HOA

0%

$0

Property Management

12%

$540

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$495

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