REI Lense

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$3,914 (target)

929 5 Mile ROAD, Racine, WI 53402

3 beds • 3 baths • 1510 sqft

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This property looks like a bad Mid-Term investment with a projected -4.26% first-year return on $120k initial cash invested.

-4.26%

Cash On Cash

5.88%

Cap Rate

0.9

DSCR

$3,914

Rent

-$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,914 income − $4,339 expenses = $425 out of pocket

Income$3,914Out of Pocket$425Mortgage P&I$2,64668%Property Taxes$1915%Insurance$1704%Management$47012%CapEx$1574%Vacancy$1173%Maintenance$1574%Other$43111%

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,980

Closing costs

1%

$4,849

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,914

Total Expenses

$4,339

Mortgage P&I

68%

$2,646

Property Taxes

5%

$191

Home Insurance

4%

$170

HOA

0%

$0

Property Management

12%

$470

CapEx

4%

$157

Vacancy

3%

$117

Maintenance

4%

$157

Other

11%

$431

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