1314 S East St
Indianapolis, IN 46225
List Price
$270,000
Initial Investment
$73,575$
about the purchase process.
Features
Occupancy
Occupied
Lease Start
08/16/2021
Lease End
08/31/2022
Property Type
Duplex
Lot Size
2,788
HOA
None
Flood Risk
Not Required
- Duplex Property
- Both units 1314 and 1316 are both occupied
- Unit 1316 is on a month-to-month basis and tenant is section 8
- Each unit is 2 beds 1 bath at 1200 sqf each side
- Rent is below current market. Rental upside
- Get more insight into this market here
See more in Analysis
Annual Financial Highlights
Expected Rent
$18,126Expenses
-$4,266Property Taxes
-$4,900Loan Payments
-$14,679Net Cash Flow
-$5,719See more in Financials
Property Characteristics
Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
- This property will be professionally inspected before closing.
- You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
- Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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