1584 Taft St Gary, IN 46404
2bd, 1ba | 814sqft | Built in 1920
investment property - 1584 Taft St, Gary, IN 46404, Lake - image 0
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investment property - 1584 Taft St, Gary, IN 46404, Lake - image 0
investment property - 1584 Taft St, Gary, IN 46404, Lake - image 1
investment property - 1584 Taft St, Gary, IN 46404, Lake - image 2
List Price
$85,000
Initial Investment : $86,978
Purchase Price
$85,000
Down Payment
100%
Rent
$775

Est. market rent may range from $717 to $833


Total Return
$29,918
Annualized Return
6.7%
Cap Rate
6.4%
Gross Yield
10.9%
Cash Flow
$4,913
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
3,267 
HOA
None
Flood Risk
Not Required
  • Seller found a tenant for a lease term starting 2/14/20 and ending 2/14/21.

Annual Financial Highlight
Expected Rent
$8,835
Expenses
-$2,322
Property Taxes
-$1,600
Loan Payments
$0

Net Cash Flow
$4,913
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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