7962 Arvada Pl
Indianapolis, IN 46236
List Price
$325,000
Initial Investment
$88,563Purchase Price
$325,000
Down Payment
25%
Rent
$2,090
Total Return
$114,556
Annualized Return
17.2%
Cap Rate
4.5%
Gross Yield
7.7%
Cash Flow
-$4,146
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
9,496
HOA
$39/mo
Flood Risk
Not Required
Welcome to this updated 4 bedroom, 3 car garage home with a screened-in porch overlooking the large, fenced in backyard! Greet your guest on your covered porch and into your living room, perfect for a home office! Entertain easily in the large family room with cozy fireplace and bright bay window! It flows perfectly into your kitchen with center island, pantry and SS appliances! Owners' suite with extra large bedroom, TWO walk-in closets, and dual sinks! 3 additional bedrooms with extra closet space! Upstairs laundry room with folding counter! Enjoy dinners in your 14x14 screened-in porch overlooking your tree-lined view! Lots of room to relax in your fenced-in backyard with marshmallow ready firepit! Storage shed and 3 car garage with pull-down attic access gives you all the storage room you need! And this sought after neighborhood even offers a pool!
See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$23,826Expenses
-$4,703Property Taxes
-$5,600Loan Payments
-$17,669Net Cash Flow
-$4,146See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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