REI Lense

REI Lense

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$2,102 (target)

9815 Chadwick Ln, Fort Wayne, IN 46818

3 beds • 2 baths • 1799 sqft

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This property looks like a bad Long-Term investment with a projected -7.43% first-year return on $69,279 initial cash invested.

-7.43%

Cash On Cash

4.87%

Cap Rate

0.81

DSCR

$2,102

Rent

-$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,102 income − $2,531 expenses = $429 out of pocket

Income$2,102Out of Pocket$429Mortgage P&I$1,66279%Property Taxes$1698%Insurance$1166%HOA$382%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,102

Total Expenses

$2,531

Mortgage P&I

79%

$1,662

Property Taxes

8%

$169

Home Insurance

6%

$116

HOA

2%

$38

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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