REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6305 Cedarhedge DRIVE, Racine, WI 53406

3 beds • 2 baths • 1850 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.86% first-year return on $124k initial cash invested.

-18.86%

Cash On Cash

1.55%

Cap Rate

0.26

DSCR

$2,657

Rent

-$1,952

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,657 income − $4,609 expenses = $1,952 out of pocket

Income$2,657Out of Pocket$1,952Mortgage P&I$2,50094%Property Taxes$63924%Insurance$1787%HOA$171%Management$39915%CapEx$1064%Maintenance$1064%Other$66425%

Investment Breakdown

|

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

$2,657

Total Expenses

$4,609

Mortgage P&I

94%

$2,500

Property Taxes

24%

$639

Home Insurance

7%

$178

HOA

1%

$17

Property Management

15%

$399

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis