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MarketsWisconsinWausau

Cap Rate Analysis: Wausau, WI

Investment metrics, interactive calculators, and data-driven analysis for Wausau rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Challenging for pure cash flow
Based on $255,000 median price and $1,000/mo median rent
Est. Cap Rate
1.77%
1% Rule
0.39%
Fails
GRM
21.3x
Price / Income
4.7x

Market Data

Median Home Price$255,000
Median Monthly Rent$1,000
Property Tax Rate1.88%
Population50,000
Population Growth0.5% / yr
Median Household Income$53,700
Vacancy Rate5.5%
Annual Appreciation2.4%

Cap Rate Calculator — Wausau

Pre-filled with Wausau medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.88% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
1.32%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$3,360
net operating income
Gross Rent Multiplier
21.3x
High (>15)
1% Rule
0.39%
✗ Fails
Monthly Cash Flow
$280
before debt service
Annual Breakdown
Gross Rental Income$12,000
Less Vacancy−$660
Effective Income$11,340
Less Operating Expenses−$7,980
Net Operating Income$3,360
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Cash-on-Cash Return — Wausau

Factor in financing to see your actual return on invested capital in Wausau.

$
$63,750
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-11.21%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$71,400
$63,750 down + $7,650 closing
Monthly Mortgage
$1,247
on $191K loan
Monthly Cash Flow
$-667
after all expenses
Annual Cash Flow
$-8,002
before taxes
Cash Flow Breakdown
Monthly Rent$1,000
Less Expenses−$420
Less Mortgage−$1,247
Monthly Cash Flow$-667

Is Wausau a Good Place to Invest in Rental Property?

Wausau, WI has a population of 50,000 and has been growing at 0.5% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $255,000 paired with median rents of $1,000/mo produces an estimated cap rate of 1.77%.

Property taxes at 1.88% are notably high and represent a significant drag on cash flow — model this expense carefully, as it can make or break a deal. The vacancy rate of 5.5% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.7x, homes cost about 4.7 times the local median income of $53,700. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 2.4% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Wausau is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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