8833 Jackson St

Indianapolis, IN 46231
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3 bd, 2 ba | 1,270 sqft | Built in 1973

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List Price
$135,000

Initial Investment

$37,754

Purchase Price

$135,000

Down Payment

25%

Rent

$1,200

Total Return

$68,125

Annualized Return

23.5%

Cap Rate

6.4%

Gross Yield

10.7%

Cash Flow

$638

Appreciation

8.3%
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Features

Occupancy

Occupied

Lease Start

03/02/2019

Lease End

03/31/2020

Lot Size

8,015

HOA

None

Flood Risk

Not Required

  • An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased (if stated) to meet our certification requirements
  • Attractive 10.7% gross yield, 6.5% cap rate for a home in a 3.5-star neighborhood
  • Seller will provide a 1 year home warranty
  • 3-bed 2-bath 1,270 sq ft single-family house with handsome brick exterior and spacious yard that is perfect for kids and pets
  • Located only 20 minutes from Downtown Indianapolis
  • The home features a refurbished kitchen, wood-like flooring, and carpet

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,402

Property Taxes

-$2,300

Loan Payments

-$7,339

Net Cash Flow

$638

See more in Financials

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