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$3,638 (target)

2204 Cedarwood Way, Fort Wayne, IN 46804

3 beds • 3 baths • 2530 sqft

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This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $89,463 initial cash invested.

3.88%

Cash On Cash

7.55%

Cap Rate

1.26

DSCR

$3,638

Rent

$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,638 income − $3,349 expenses = $289 cash flow

Income$3,638Mortgage P&I$1,70547%Property Taxes$2647%Insurance$1223%HOA$201%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%Cash Flow$289

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,463

Downpayment

20%

$68,060

Closing costs

1%

$3,403

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,638

Total Expenses

$3,349

Mortgage P&I

47%

$1,705

Property Taxes

7%

$264

Home Insurance

3%

$122

HOA

1%

$20

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

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