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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 -7.75% first-year return on $64,998 initial cash invested.

-7.75%

Cash On Cash

4.82%

Cap Rate

0.73

DSCR

$2,013

Rent

-$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,013 income − $2,433 expenses = $420 out of pocket

Income$2,013Out of Pocket$420Mortgage P&I$1,23761%Property Taxes$1497%Insurance$804%Management$30215%CapEx$814%Maintenance$814%Other$50325%

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

$2,013

Total Expenses

$2,433

Mortgage P&I

61%

$1,237

Property Taxes

7%

$149

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$302

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$503

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