REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,617 (target)

3406 Van Orman Dr, Fort Wayne, IN 46804

3 beds • 2 baths • 1824 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.83% first-year return on $68,229 initial cash invested.

-14.83%

Cash On Cash

3.47%

Cap Rate

0.55

DSCR

$1,617

Rent

-$843

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,617 income − $2,460 expenses = $843 out of pocket

Income$1,617Out of Pocket$843Mortgage P&I$1,702105%Property Taxes$22314%Insurance$1147%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,617

Total Expenses

$2,460

Mortgage P&I

105%

$1,702

Property Taxes

14%

$223

Home Insurance

7%

$114

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis