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$3,651 (target)

8008 Gina DRIVE, Racine, WI 53406

3 beds • 2 baths • 1821 sqft

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This property looks like a bad Mid-Term investment with a projected -5.59% first-year return on $112k initial cash invested.

-5.59%

Cash On Cash

5.23%

Cap Rate

0.84

DSCR

$3,651

Rent

-$524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,651 income − $4,175 expenses = $524 out of pocket

Income$3,651Out of Pocket$524Mortgage P&I$2,33864%Property Taxes$43712%Insurance$1584%Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,651

Total Expenses

$4,175

Mortgage P&I

64%

$2,338

Property Taxes

12%

$437

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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