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$1,935 (target)

6331 Kent Rd, Fort Wayne, IN 46816

3 beds • 2 baths • 951 sqft

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This property might be a fair Mid-Term investment with a projected 4.45% first-year return on $54,729 initial cash invested.

4.45%

Cash On Cash

8.55%

Cap Rate

1.29

DSCR

$1,935

Rent

$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,935 income − $1,732 expenses = $203 cash flow

Income$1,935Mortgage P&I$96650%Property Taxes$482%Insurance$613%Management$23212%CapEx$774%Vacancy$583%Maintenance$774%Other$21311%Cash Flow$203

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,935

Total Expenses

$1,732

Mortgage P&I

50%

$966

Property Taxes

2%

$48

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$232

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$213

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