6708 Carlsen Ave Indianapolis, IN 46214
3bd, 1ba | 1,073sqft | Built in 1957
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Initial Investment
$111,904
List Price: $109,900
Purchase Price
$109,900
Down Payment
100%
Rent
$1,050

Total Return
$34,528
Annualized Return
6.2%
Cap Rate
6.5%
Gross Yield
11.5%
Cash Flow
$6,568
Appreciation
0.9%
Features
Roofstock Certified
Occupancy
Vacant
Lease Start
Lease End
Lot Size
10,890 
HOA
None
Flood Risk
Not Required
  • Newly renovated with over $8500 invested, including a new sewer line, new appliances, new blinds, paint and trim.
  • Easy access to I-465 and I-74, 15 min to downtown Indianapolis
  • Close to local schools and retail centers
  • Quiet and safe neighborhood, large fenced back yard

Annual Financial Highlight
Expected Rent
$11,970
Expenses
-$3,102
Property Taxes
-$2,300
Loan Payments
$0

Net Cash Flow
$6,568
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no initial tenant placement and monthly management fees until your property is leased<

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.