10902 La Fortuna Cv

Roanoke, IN 46783
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3 bd, 2 ba | 1,681 sqft | Built in 2017

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List Price
$189,900

Initial Investment

$50,385

Purchase Price

$184,900

Down Payment

25%

Rent

$1,619

Total Return

$72,503

Annualized Return

20.1%

Cap Rate

6.2%

Gross Yield

10.5%

Cash Flow

$905

Appreciation

6.5%
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Features

Occupancy

Occupied

Lease Start

10/12/2018

Lease End

04/30/2020

Lot Size

8,978

HOA

$1/mo

Flood Risk

Not Required

  • 3-bed, 2-bath single-family home with a 2-car garage
  • Pet fee included in monthly rent of $35.00
  • Short term fee included in monthly rent of $75.00
  • Easy access to Fort Wayne International Airport (7 mi)

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Annual Financial Highlights

Expected Rent

$18,457

Expenses

-$4,099

Property Taxes

-$3,400

Loan Payments

-$10,052

Net Cash Flow

$905

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