REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,598 (target)

3232 Plantation Trl, Fort Wayne, IN 46818

3 beds • 3 baths • 3091 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.39% first-year return on $79,653 initial cash invested.

-5.39%

Cash On Cash

5.32%

Cap Rate

0.88

DSCR

$2,598

Rent

-$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,598 income − $2,956 expenses = $358 out of pocket

Income$2,598Out of Pocket$358Mortgage P&I$1,91174%Property Taxes$2319%Insurance$1365%HOA$2Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,653

Downpayment

20%

$75,860

Closing costs

1%

$3,793

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,598

Total Expenses

$2,956

Mortgage P&I

74%

$1,911

Property Taxes

9%

$231

Home Insurance

5%

$136

HOA

0%

$2

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis