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9334 Millstone DRIVE, Racine, WI 53406

3 beds • 4 baths • 2217 sqft

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This property looks like a bad Airbnb investment with a projected -19.09% first-year return on $110k initial cash invested.

-19.09%

Cash On Cash

2.21%

Cap Rate

0.33

DSCR

$2,628

Rent

-$1,752

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,628 income − $4,380 expenses = $1,752 out of pocket

Income$2,628Out of Pocket$1,752Mortgage P&I$2,45393%Property Taxes$48719%Insurance$1546%HOA$251%Management$39415%CapEx$1054%Maintenance$1054%Other$65725%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,720

Closing costs

1%

$4,386

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,628

Total Expenses

$4,380

Mortgage P&I

93%

$2,453

Property Taxes

19%

$487

Home Insurance

6%

$154

HOA

1%

$25

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$657

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