REI Lense

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$3,195 (target)

5632 S Melinda STREET, Milwaukee, WI 53221

3 beds • 2 baths • 1071 sqft

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This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $80,979 initial cash invested.

0.74%

Cash On Cash

6.63%

Cap Rate

1.12

DSCR

$3,195

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,195 income − $3,145 expenses = $50 cash flow

Income$3,195Mortgage P&I$1,47946%Property Taxes$47515%Insurance$1053%Management$38312%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35111%Cash Flow$50

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,195

Total Expenses

$3,145

Mortgage P&I

46%

$1,479

Property Taxes

15%

$475

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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