1584 Taft St

Gary, IN 46404
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2 bd, 1 ba | 814 sqft | Built in 1920

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List Price
$75,000

Initial Investment

$19,778

Purchase Price

$70,000

Down Payment

25%

Rent

$895

Total Return

$46,671

Annualized Return

30.2%

Cap Rate

8.8%

Gross Yield

15.3%

Cash Flow

$1,733

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

02/14/2020

Lease End

02/14/2021

Lot Size

3,267

HOA

None

Flood Risk

Not Required

  • Leased through 2/14/21

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Annual Financial Highlights

Expected Rent

$10,203

Expenses

-$3,065

Property Taxes

-$1,600

Loan Payments

-$3,806

Net Cash Flow

$1,733

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