REI Lense

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$1,966 (target)

827 W Ludwig Rd, Fort Wayne, IN 46825

3 beds • 2 baths • 1610 sqft

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This property looks like a bad Long-Term investment with a projected -4.8% first-year return on $52,500 initial cash invested.

-4.8%

Cash On Cash

5.98%

Cap Rate

0.92

DSCR

$1,966

Rent

-$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,966 income − $2,176 expenses = $210 out of pocket

Income$1,966Out of Pocket$210Mortgage P&I$1,35769%Property Taxes$22011%Insurance$884%Management$19710%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,966

Total Expenses

$2,176

Mortgage P&I

69%

$1,357

Property Taxes

11%

$220

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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