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3520 Shadow Creek Dr, Fort Wayne, IN 46818

3 beds • 3 baths • 2292 sqft

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This property looks like a bad Airbnb investment with a projected -12.73% first-year return on $109k initial cash invested.

-12.73%

Cash On Cash

3.41%

Cap Rate

0.54

DSCR

$2,953

Rent

-$1,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,953 income − $4,115 expenses = $1,162 out of pocket

Income$2,953Out of Pocket$1,162Mortgage P&I$2,28377%Property Taxes$2318%Insurance$1585%HOA$261%Management$44315%CapEx$1184%Maintenance$1184%Other$73825%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,140

Closing costs

1%

$4,357

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,953

Total Expenses

$4,115

Mortgage P&I

77%

$2,283

Property Taxes

8%

$231

Home Insurance

5%

$158

HOA

1%

$26

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$738

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