REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

11233 Shalimar Dr, Fort Wayne, IN 46845

4 beds • 3 baths • 2120 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.92% first-year return on $64,869 initial cash invested.

-2.92%

Cash On Cash

5.62%

Cap Rate

0.97

DSCR

$2,270

Rent

-$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,869

Downpayment

20%

$61,780

Closing costs

1%

$3,089

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,270

Total Expenses

$2,428

Mortgage P&I

66%

$1,491

Property Taxes

9%

$214

Home Insurance

5%

$116

HOA

1%

$16

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1225 Clarion Dr, Fort Wayne, IN 46845

$2,100

4

2.5

2160

0.4 mi

642 Barnsley Cv, Fort Wayne, IN 46845

$2,250

4

3

1988

1.6 mi

10512 Brandywine Dr, Fort Wayne, IN 46845

$2,100

4

2.5

2310

0.8 mi

13932 Diavik Pl, Fort Wayne, IN 46845

$2,399

4

2.5

2100

2.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis