REI Lense

REI Lense

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$1,686 (target)

4002 E Saddle Dr, Fort Wayne, IN 46804

3 beds • 2 baths • 1373 sqft

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This property looks like a bad Long-Term investment with a projected -13.1% first-year return on $52,479 initial cash invested.

-13.1%

Cash On Cash

4.02%

Cap Rate

0.63

DSCR

$1,686

Rent

-$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,686 income − $2,259 expenses = $573 out of pocket

Income$1,686Out of Pocket$573Mortgage P&I$1,32679%Property Taxes$30718%Insurance$885%HOA$1006%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,686

Total Expenses

$2,259

Mortgage P&I

79%

$1,326

Property Taxes

18%

$307

Home Insurance

5%

$88

HOA

6%

$100

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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