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$3,906 (target)

914 Riva RIDGE, Racine, WI 53402

3 beds • 3 baths • 2582 sqft

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This property looks like a bad Mid-Term investment with a projected -3.99% first-year return on $112k initial cash invested.

-3.99%

Cash On Cash

5.48%

Cap Rate

0.9

DSCR

$3,906

Rent

-$374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,906 income − $4,280 expenses = $374 out of pocket

Income$3,906Out of Pocket$374Mortgage P&I$2,27458%Property Taxes$52013%Insurance$1584%Management$46912%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$43011%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

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

$3,906

Total Expenses

$4,280

Mortgage P&I

58%

$2,274

Property Taxes

13%

$520

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

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