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6323 17th Avenue, Eau Claire, WI 54703

4 beds • 3 baths • 1946 sqft

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This property looks like a bad Long-Term investment with a projected -18.86% first-year return on $103k initial cash invested.

-18.86%

Cash On Cash

2.2%

Cap Rate

0.37

DSCR

$1,870

Rent

-$1,616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$97,920

Closing costs

1%

$4,896

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,870

Total Expenses

$3,486

Mortgage P&I

129%

$2,420

Property Taxes

22%

$404

Home Insurance

9%

$175

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

904 1st Ave, Eau Claire, WI 54703

$1,650

4

2

1958

4.3 mi

402 Doty St, Eau Claire, WI 54701

$1,695

4

2

1925

4.4 mi

1020 1st Ave, Eau Claire, WI 54703

$1,820

4

2

2016

4.1 mi

528 Germania St, Eau Claire, WI 54703

$1,595

4

2

1845

3.9 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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