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495 Merriweather Psge, Fort Wayne, IN 46845

4 beds • 3 baths • 1938 sqft

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This property looks like a bad Long-Term investment with a projected -4.98% first-year return on $73,773 initial cash invested.

-4.98%

Cash On Cash

5.25%

Cap Rate

0.89

DSCR

$2,210

Rent

-$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,210

Total Expenses

$2,516

Mortgage P&I

78%

$1,732

Property Taxes

2%

$36

Home Insurance

6%

$124

HOA

2%

$50

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$133

Maintenance

5%

$110

Other

0%

$0

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