2210 Morgan Creek Dr

Fort Wayne, IN 46808
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3 bd, 2 ba | 1,531 sqft | Built in 2012

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,225

Total Return

$65,153

Annualized Return

21.1%

Cap Rate

5.8%

Gross Yield

9.8%

Cash Flow

$12

Appreciation

7.5%
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Features

Occupancy

Occupied

Lease Start

11/29/2018

Lease End

11/30/2019

Lot Size

8,052

HOA

$1/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,965

Expenses

-$3,198

Property Taxes

-$2,600

Loan Payments

-$8,155

Net Cash Flow

$12

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