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6516 Green Ridge DRIVE, Racine, WI 53406

3 beds • 2 baths • 1696 sqft

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This property looks like a bad Mid-Term investment with a projected -2.03% first-year return on $100k initial cash invested.

-2.03%

Cash On Cash

5.65%

Cap Rate

0.98

DSCR

$3,396

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,440

Closing costs

1%

$3,922

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,396

Total Expenses

$3,566

Mortgage P&I

55%

$1,880

Property Taxes

12%

$392

Home Insurance

4%

$138

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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