2179 Wright St

Gary, IN 46404
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4 bd, 1 ba | 1,254 sqft | Built in 1956

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List Price
$55,000

Initial Investment

$14,170

Purchase Price

$52,000

Down Payment

25%

Rent

$725

Total Return

$39,102

Annualized Return

35.2%

Cap Rate

10.3%

Gross Yield

16.7%

Cash Flow

$2,024

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

09/05/2017

Lease End

08/31/2018

Property Type

Unspecified

Lot Size

6,621

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,814

Property Taxes

-$600

Loan Payments

-$2,827

Net Cash Flow

$2,024

See more in Financials

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