1039 E 11th Ct

Gary, IN 46403
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3 bd, 1 ba | 1,144 sqft | Built in 1950

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List Price
$48,000

Initial Investment

$47,963

Purchase Price

$46,200

Down Payment

100%

Rent

$725

Total Return

$37,167

Annualized Return

13.9%

Cap Rate

10.2%

Gross Yield

18.8%

Cash Flow

$4,213

Appreciation

7.1%
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Features

Occupancy

Occupied

Lease Start

03/18/2019

Lease End

03/17/2020

Lot Size

5,837

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,952

Property Taxes

-$1,100

Loan Payments

$0

Net Cash Flow

$4,213

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