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495 Merriweather Psge, Fort Wayne, IN 46845

4 beds • 3 baths • 1938 sqft

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This property might be a fair Airbnb investment with a projected 1.94% first-year return on $97,773 initial cash invested.

1.94%

Cash On Cash

7.01%

Cap Rate

1.18

DSCR

$4,036

Rent

$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$4,036

Total Expenses

$3,878

Mortgage P&I

43%

$1,732

Property Taxes

1%

$36

Home Insurance

3%

$124

HOA

1%

$50

Property Management

15%

$605

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,009

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