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306 E Fleming Ave, Fort Wayne, IN 46806

3 beds • 2 baths • 2436 sqft

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This property might be a fair Airbnb investment with a projected 1.1% first-year return on $56,829 initial cash invested.

1.1%

Cash On Cash

7.78%

Cap Rate

1.16

DSCR

$2,748

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,748 income − $2,696 expenses = $52 cash flow

Income$2,748Mortgage P&I$1,03738%Property Taxes$27510%Insurance$652%Management$41215%CapEx$1104%Maintenance$1104%Other$68725%Cash Flow$52

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,748

Total Expenses

$2,696

Mortgage P&I

38%

$1,037

Property Taxes

10%

$275

Home Insurance

2%

$65

HOA

0%

$0

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$687

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