REI Lense

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$1,590 (target)

627 Bosuns Dr, Fort Wayne, IN 46819

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -9.31% first-year return on $52,479 initial cash invested.

-9.31%

Cash On Cash

4.88%

Cap Rate

0.76

DSCR

$1,590

Rent

-$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,590 income − $1,997 expenses = $407 out of pocket

Income$1,590Out of Pocket$407Mortgage P&I$1,34384%Property Taxes$1399%Insurance$886%HOA$131%Management$15910%CapEx$805%Vacancy$956%Maintenance$805%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.1%

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

$1,590

Total Expenses

$1,997

Mortgage P&I

84%

$1,343

Property Taxes

9%

$139

Home Insurance

6%

$88

HOA

1%

$13

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$95

Maintenance

5%

$80

Other

0%

$0

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