10942 La Fortuna Cv

Roanoke, IN 46783
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3 bd, 2 ba | 1,661 sqft | Built in 2017

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List Price
$202,000

Initial Investment

$52,702

Purchase Price

$192,000

Down Payment

25%

Rent

$1,524

Total Return

$77,127

Annualized Return

20.5%

Cap Rate

6.4%

Gross Yield

9.5%

Cash Flow

$1,359

Appreciation

6.5%
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Features

Occupancy

Occupied

Lease Start

11/28/2018

Lease End

11/30/2020

Lot Size

10,010

HOA

$1/mo

Flood Risk

Not Required

  • Built in 2017
  • 3-bed, 2-bath single-family home
  • 4-star neighborhood near schools, dining, and shopping
  • Easy access to Fort Wayne International Airport (7 mi)
  • Pet fee included in monthly rent of $35.00

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Annual Financial Highlights

Expected Rent

$17,374

Expenses

-$3,777

Property Taxes

-$1,800

Loan Payments

-$10,438

Net Cash Flow

$1,359

See more in Financials

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