REI Lense

REI Lense

Unlock all features! Tap here to upgrade

10630 Springtide Way, Fort Wayne, IN 46845

3 beds • 2 baths • 1674 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.79% first-year return on $77,220 initial cash invested.

-6.79%

Cash On Cash

4.63%

Cap Rate

0.76

DSCR

$2,426

Rent

-$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $2,863 expenses = $437 out of pocket

Income$2,426Out of Pocket$437Mortgage P&I$1,42759%Property Taxes$1446%Insurance$994%HOA$291%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,220

Downpayment

20%

$56,400

Closing costs

1%

$2,820

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$2,863

Mortgage P&I

59%

$1,427

Property Taxes

6%

$144

Home Insurance

4%

$99

HOA

1%

$29

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis