Purchase Price: $68,000

Return On Investment: 9.11%


Indianapolis, Indiana USA
3 2 1,134 ft2 / 105 m2

Description

  • Close to shopping and major expressways.
  • Located in a highly desirable Brendon Park subdivision.
  • Houses in this subdivisions sell for $100,000+
  • Has a full basement with extra bathroom.
  • Homes in this area are expected to appreciate in value at least 5% each year.
Financials
Purchase Price $68,000  
 
RevenueProjected Income Per Month$850 Per Annum$10,200
 
Operating Expenses
Vacancy est. (6%)   $612
LLC filing fee   $150
Management (8%)   $816
Taxes   $1,922
Insurance   $504
Total   $4,004
 
Net Cash Flow $516 $6,196

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