REI Lense

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$1,531 (target)

6806 Malvern Dr, Fort Wayne, IN 46816

3 beds • 2 baths • 1364 sqft

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This property looks like a bad Long-Term investment with a projected -5% first-year return on $42,945 initial cash invested.

-5%

Cash On Cash

5.77%

Cap Rate

0.91

DSCR

$1,531

Rent

-$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,531 income − $1,710 expenses = $179 out of pocket

Income$1,531Out of Pocket$179Mortgage P&I$1,08571%Property Taxes$1389%Insurance$886%Management$15310%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,945

Downpayment

20%

$40,900

Closing costs

1%

$2,045

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,531

Total Expenses

$1,710

Mortgage P&I

71%

$1,085

Property Taxes

9%

$138

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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