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6305 Cedarhedge DRIVE, Racine, WI 53406

3 beds • 2 baths • 1850 sqft

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This property looks like a bad Airbnb investment with a projected -17.76% first-year return on $124k initial cash invested.

-17.76%

Cash On Cash

1.84%

Cap Rate

0.31

DSCR

$2,878

Rent

-$1,838

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$506k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,057

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,878

Total Expenses

$4,716

Mortgage P&I

87%

$2,500

Property Taxes

22%

$639

Home Insurance

6%

$178

HOA

1%

$17

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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