REI Lense

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$2,296 (target)

6806 Malvern Dr, Fort Wayne, IN 46816

3 beds • 2 baths • 1364 sqft

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This property might be a fair Mid-Term investment with a projected 4% first-year return on $60,945 initial cash invested.

4%

Cash On Cash

8.1%

Cap Rate

1.27

DSCR

$2,296

Rent

$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $2,093 expenses = $203 cash flow

Income$2,296Mortgage P&I$1,08547%Property Taxes$1386%Insurance$884%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$203

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,945

Downpayment

20%

$40,900

Closing costs

1%

$2,045

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,296

Total Expenses

$2,093

Mortgage P&I

47%

$1,085

Property Taxes

6%

$138

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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