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$4,467 (target)

8414 S Verdev DRIVE, Oak Creek, WI 53154

3 beds • 2 baths • 1563 sqft

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This property might be a fair Mid-Term investment with a projected 5.32% first-year return on $102k initial cash invested.

5.32%

Cash On Cash

7.75%

Cap Rate

1.32

DSCR

$4,467

Rent

$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,467 income − $4,015 expenses = $452 cash flow

Income$4,467Mortgage P&I$1,95144%Property Taxes$4059%Insurance$1403%Management$53612%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49111%Cash Flow$452

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,467

Total Expenses

$4,015

Mortgage P&I

44%

$1,951

Property Taxes

9%

$405

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$536

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$491

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