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$2,949 (target)

827 W Ludwig Rd, Fort Wayne, IN 46825

3 beds • 2 baths • 1610 sqft

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This property might be a fair Mid-Term investment with a projected 4.8% first-year return on $70,500 initial cash invested.

4.8%

Cash On Cash

8.43%

Cap Rate

1.29

DSCR

$2,949

Rent

$282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,949 income − $2,667 expenses = $282 cash flow

Income$2,949Mortgage P&I$1,35746%Property Taxes$2207%Insurance$883%Management$35412%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$282

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,949

Total Expenses

$2,667

Mortgage P&I

46%

$1,357

Property Taxes

7%

$220

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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