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2514 Poinsette Dr, Fort Wayne, IN 46808

3 beds • 2 baths • 2070 sqft

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This property looks like a bad Airbnb investment with a projected -6% first-year return on $64,998 initial cash invested.

-6%

Cash On Cash

5.36%

Cap Rate

0.81

DSCR

$2,194

Rent

-$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,194 income − $2,519 expenses = $325 out of pocket

Income$2,194Out of Pocket$325Mortgage P&I$1,23756%Property Taxes$1497%Insurance$804%Management$32915%CapEx$884%Maintenance$884%Other$54825%

Investment Breakdown

|

Purchase Price

$224k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,998

Downpayment

20%

$44,760

Closing costs

1%

$2,238

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,194

Total Expenses

$2,519

Mortgage P&I

56%

$1,237

Property Taxes

7%

$149

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$329

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$548

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