2400 Johnson St

Gary, IN 46407
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3 bd, 1 ba | 732 sqft | Built in 1953

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List Price
$50,000

Initial Investment

$47,665

Purchase Price

$45,500

Down Payment

100%

Rent

$825

Total Return

$47,353

Annualized Return

17.3%

Cap Rate

12.3%

Gross Yield

21.8%

Cash Flow

$5,046

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

01/13/2020

Lease End

01/13/2021

Lot Size

3,049

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$3,359

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$5,046

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