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$1,734 (target)

1632 Lumbard St, Fort Wayne, IN 46803

3 beds • 2 baths • 1608 sqft

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This property might be a fair Mid-Term investment with a projected 2.21% first-year return on $50,466 initial cash invested.

2.21%

Cash On Cash

7.27%

Cap Rate

1.21

DSCR

$1,734

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,734 income − $1,641 expenses = $93 cash flow

Income$1,734Mortgage P&I$77545%Property Taxes$17510%Insurance$1026%Management$20812%CapEx$694%Vacancy$523%Maintenance$694%Other$19111%Cash Flow$93

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,466

Downpayment

20%

$30,920

Closing costs

1%

$1,546

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,734

Total Expenses

$1,641

Mortgage P&I

45%

$775

Property Taxes

10%

$175

Home Insurance

6%

$102

HOA

0%

$0

Property Management

12%

$208

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$191

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