10401 Mercury Dr Indianapolis, IN 46229
3bd, 1.5ba | 1,986sqft | Built in 1974
Expand
Initial Investment
$120,430
List Price: $118,000
Purchase Price
$118,000
Down Payment
100%
Rent
$1,095

Total Return
$38,030
Annualized Return
6.3%
Cap Rate
6.7%
Gross Yield
11.1%
Cash Flow
$7,306
Appreciation
0.9%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
10/08/2018 
Lease End
08/31/2020 
Lot Size
9,104 
HOA
None
Flood Risk
Not Required
  • Current lease runs to 8/31/2020
  • Two Car Garage
  • Brand new stainless steel appliances
  • Plumbing concerns have been addressed and fixed by seller; SEE INVOICE IN DILIGENCE DOCUMENTS

Annual Financial Highlight
Expected Rent
$12,483
Expenses
-$3,377
Property Taxes
-$1,800
Loan Payments
$0

Net Cash Flow
$7,306
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.

BESbswy