627 Hickory Pine Dr

Whiteland, IN 46184
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4 bd, 2.5 ba | 2,030 sqft | Built in 2004

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List Price
$165,000

Initial Investment

$44,386

Purchase Price

$160,000

Down Payment

25%

Rent

$1,385

Total Return

$99,536

Annualized Return

27.1%

Cap Rate

6.2%

Gross Yield

10.4%

Cash Flow

$638

Appreciation

10.1%
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Features

Occupancy

Occupied

Lease Start

02/21/2019

Lease End

02/28/2021

Lot Size

6,316

HOA

$1/mo

Flood Risk

Not Required

  • <$800 in immediate repairs
  • 4.5 star neighborhood
  • Built in 2004
  • $25 pet rent and $10 filter replacement fee included in rent

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Annual Financial Highlights

Expected Rent

$15,789

Expenses

-$3,853

Property Taxes

-$2,600

Loan Payments

-$8,698

Net Cash Flow

$638

See more in Financials

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