REI Lense

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$2,565 (target)

12021 Kimball Run, Fort Wayne, IN 46845

3 beds • 2 baths • 1151 sqft

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This property might be a fair Mid-Term investment with a projected 3.46% first-year return on $67,623 initial cash invested.

3.46%

Cash On Cash

8.03%

Cap Rate

1.23

DSCR

$2,565

Rent

$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,565 income − $2,370 expenses = $195 cash flow

Income$2,565Mortgage P&I$1,28450%Property Taxes$1114%Insurance$843%HOA$181%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%Cash Flow$195

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,623

Downpayment

20%

$47,260

Closing costs

1%

$2,363

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,565

Total Expenses

$2,370

Mortgage P&I

50%

$1,284

Property Taxes

4%

$111

Home Insurance

3%

$84

HOA

1%

$18

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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