816 Vanceburg Dr

Indianapolis, IN 46241
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4 bd, 2.5 ba | 1,716 sqft | Built in 1984

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List Price
$160,000

Initial Investment

$42,510

Purchase Price

$156,000

Down Payment

25%

Rent

$1,420

Total Return

$86,574

Annualized Return

25.3%

Cap Rate

6.1%

Gross Yield

10.9%

Cash Flow

$411

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

01/10/2019

Lease End

01/31/2021

Lot Size

11,282

HOA

None

Flood Risk

Not Required

  • An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased to meet our certification requirements.
  • Current lease runs to 2021!
  • Turn Key Investment Opportunity
  • Located within minutes of International Airport & Indianapolis Motor Speedway
  • Pet fee included in monthly rent of $10.00

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$16,188

Expenses

-$3,896

Property Taxes

-$3,400

Loan Payments

-$8,481

Net Cash Flow

$411

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