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$2,846 (target)

3406 Thames Dr, Fort Wayne, IN 46815

3 beds • 2 baths • 1912 sqft

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This property might be a fair Mid-Term investment with a projected 4.15% first-year return on $69,429 initial cash invested.

4.15%

Cash On Cash

8.36%

Cap Rate

1.26

DSCR

$2,846

Rent

$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $2,606 expenses = $240 cash flow

Income$2,846Mortgage P&I$1,35348%Property Taxes$1977%Insurance$863%HOA$2Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$240

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,429

Downpayment

20%

$48,980

Closing costs

1%

$2,449

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,846

Total Expenses

$2,606

Mortgage P&I

48%

$1,353

Property Taxes

7%

$197

Home Insurance

3%

$86

HOA

0%

$2

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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