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7532 Imperial Plaza Dr, Fort Wayne, IN 46835

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Airbnb investment with a projected -2.73% first-year return on $68,652 initial cash invested.

-2.73%

Cash On Cash

6.25%

Cap Rate

0.96

DSCR

$2,704

Rent

-$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,704 income − $2,860 expenses = $156 out of pocket

Income$2,704Out of Pocket$156Mortgage P&I$1,30548%Property Taxes$1716%Insurance$863%Management$40615%CapEx$1084%Maintenance$1084%Other$67625%

Investment Breakdown

|

Purchase Price

$241k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,652

Downpayment

20%

$48,240

Closing costs

1%

$2,412

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,704

Total Expenses

$2,860

Mortgage P&I

48%

$1,305

Property Taxes

6%

$171

Home Insurance

3%

$86

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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