Purchase Price: $78,000

Return On Investment: 9.25%


Indianapolis, Indiana USA
3 1.5 1,313 ft2 / 122 m2

Description

  • Middle school is ranked in the top percentile in the state.
  • Close to shopping and major highways.
  • Some homes in this subdivision sell for $100,000+
  • Area has an equal mix of renters and home owners.
Financials
Purchase Price $78,000  
 
RevenueProjected Income Per Month$795 Per Annum$9,540
 
Operating Expenses
Vacancy est. (6%)   $572
LLC filing fee   $150
Management (8%)   $763
Taxes   $292
Insurance   $550
Total   $2,327
 
Net Cash Flow $601 $7,213

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