2517 Abalone Dr Indianapolis, IN 46217
3bd, 2ba | 1,200sqft | Built in 2018
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Initial Investment
$157,524
List Price: $154,900
Purchase Price
$154,900
Down Payment
100%
Rent
$1,275

Total Return
$41,998
Annualized Return
5.3%
Cap Rate
5.2%
Gross Yield
9.9%
Cash Flow
$7,953
Appreciation
0.9%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
6,534 
HOA
None
Flood Risk
Not Required
  • New construction
  • Attractive 4-star neighborhood with a strong cap rate
  • Conveniently 20-minutes from Downtown Indianapolis
  • Listed on the MLS on 12/10/18

Annual Financial Highlight
Expected Rent
$14,535
Expenses
-$2,864
Property Taxes
-$3,718
Loan Payments
$0

Net Cash Flow
$7,953
Considerations
Property Characteristics    View Details



Buyer's Agent
An experienced local broker will represent and assist you throughout the transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact them with questions even before making an offer.
  • Plus, a professional home inspection will be conducted during closing, paid for by Roofstock. As soon as the inspection report is ready, your Buyer’s Agent will discuss the findings with you and help with any next steps.
  • There is no additional cost to having a Buyer’s Agent as their fees will be paid by the seller.

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.

Listed By: Frances Williams, Carpenter, REALTORS®
Listing Source: MLS #21614387 details provided by MIBOR Realtor Association. Information deemed reliable but not guaranteed. Copyright 2019 MIBOR Realtor Association. All rights reserved. Data is refreshed every 30 minutes.
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