2666 Tecumseh St Portage, IN 46368
3bd, 1.5ba | 1,479sqft | Built in 1962
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Initial Investment
$140,564
List Price: $135,000
Purchase Price
$135,000
Down Payment
100%
Rent
$1,350

Total Return
$48,207
Annualized Return
6.8%
Cap Rate
6.8%
Gross Yield
12.0%
Cash Flow
$8,379
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
12/13/2017 
Lease End
12/30/2020 
Lot Size
12,600 
HOA
None
Flood Risk
Not Required
  • Seller to provide $3,000 credit towards AC repair/replacement as a contingency of closing

Annual Financial Highlight
Expected Rent
$15,390
Expenses
-$3,911
Property Taxes
-$3,100
Loan Payments
$0

Net Cash Flow
$8,379
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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