1409 E 35th Ct

Gary, IN 46409
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2 bd, 1 ba | 768 sqft | Built in 1952

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List Price
$47,000

Initial Investment

$46,243

Purchase Price

$45,000

Down Payment

100%

Rent

$795

Total Return

$46,456

Annualized Return

17.3%

Cap Rate

11.8%

Gross Yield

21.2%

Cash Flow

$4,750

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

04/29/2020

Lease End

04/30/2021

Lot Size

5,184

HOA

None

Flood Risk

Not Required

  • June rent has been paid. See ledger in diligence vault

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Annual Financial Highlights

Expected Rent

$9,063

Expenses

-$3,213

Property Taxes

-$1,100

Loan Payments

$0

Net Cash Flow

$4,750

See more in Financials

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