416 McKinley Ave

Hobart, IN 46342
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3 bd, 2 ba | 1,012 sqft | Built in 1970

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List Price
$107,000

Initial Investment

$94,496

Purchase Price

$92,300

Down Payment

100%

Rent

$1,200

Total Return

$88,747

Annualized Return

16.0%

Cap Rate

9.3%

Gross Yield

15.6%

Cash Flow

$7,860

Appreciation

9.7%
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Features

Occupancy

Occupied

Lease Start

03/01/2020

Lease End

02/01/2021

Lot Size

9,365

HOA

None

Flood Risk

Not Required

  • Home is eligible for American Home Shield Warranty. Purchase a 1 Year Home Warranty for peace of mind. Schedule a time to speak with us to learn more.
  • Just Leased Up
  • Home meets 1% Rule Investment Strategy

See more in Analysis

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,820

Property Taxes

-$2,000

Loan Payments

$0

Net Cash Flow

$7,860

See more in Financials

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