1597 Glen Hollow Dr

Fort Wayne, IN 46814
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3 bd, 2 ba | 1,769 sqft | Built in 2017

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List Price
$210,000

Initial Investment

$57,225

Purchase Price

$210,000

Down Payment

25%

Rent

$1,479

Total Return

$88,052

Annualized Return

20.2%

Cap Rate

5.1%

Gross Yield

8.5%

Cash Flow

-$1,095

Appreciation

7.7%
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Features

Occupancy

Occupied

Lease Start

06/29/2018

Lease End

06/30/2020

Lot Size

9,975

HOA

$19/mo

Flood Risk

Not Required

  • Built in 2017
  • No immediate repairs per inspection report
  • Close to schools, shopping, and dining
  • Leased through 6/30/2020

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Annual Financial Highlights

Expected Rent

$16,861

Expenses

-$3,839

Property Taxes

-$2,700

Loan Payments

-$11,417

Net Cash Flow

-$1,095

See more in Financials

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