Purchase Price: $67,000

Return On Investment: 8.29%


Indianapolis, Indiana USA
4 2 1,344 ft2 / 125 m2

Description

  • Close to shopping, expressways and community park.
  • 4 bed 2 bath home. Very appealing for larger families.
  • Middle school is ranked in the top percentile in the state.
  • Only $48 sq/ft
Financials
Purchase Price $67,000  
 
RevenueProjected Income Per Month$750 Per Annum$9,000
 
Operating Expenses
Vacancy est. (6%)   $540
LLC filing fee   $150
Management (8%)   $720
Taxes   $1,489
Insurance   $550
Total   $3,449
 
Net Cash Flow $463 $5,551

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