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2224 Wayside Dr, Fort Wayne, IN 46818

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Long-Term investment with a projected -3.37% first-year return on $46,578 initial cash invested.

-3.37%

Cash On Cash

6.06%

Cap Rate

0.96

DSCR

$1,694

Rent

-$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,578

Downpayment

20%

$44,360

Closing costs

1%

$2,218

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,694

Total Expenses

$1,825

Mortgage P&I

69%

$1,166

Property Taxes

8%

$138

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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