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$2,355 (target)

4701 Thornley Dr, Fort Wayne, IN 46809

3 beds • 2 baths • 1590 sqft

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This property might be a fair Mid-Term investment with a projected 5.5% first-year return on $59,979 initial cash invested.

5.5%

Cash On Cash

8.72%

Cap Rate

1.34

DSCR

$2,355

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,355 income − $2,080 expenses = $275 cash flow

Income$2,355Mortgage P&I$1,08446%Property Taxes$1255%Insurance$703%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%Cash Flow$275

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,355

Total Expenses

$2,080

Mortgage P&I

46%

$1,084

Property Taxes

5%

$125

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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