REI Lense

REI Lense

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$2,794 (target)

2511 Bluewater Trl, Fort Wayne, IN 46804

3 beds • 4 baths • 3429 sqft

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This property looks like a bad Long-Term investment with a projected -8.36% first-year return on $92,106 initial cash invested.

-8.36%

Cash On Cash

4.56%

Cap Rate

0.77

DSCR

$2,794

Rent

-$642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,106

Downpayment

20%

$87,720

Closing costs

1%

$4,386

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,794

Total Expenses

$3,436

Mortgage P&I

78%

$2,167

Property Taxes

13%

$364

Home Insurance

6%

$158

HOA

1%

$20

Property Management

10%

$279

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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