338 N Griffith Blvd

Griffith, IN 46319
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3 bd, 2 ba | 1,104 sqft | Built in 1912

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List Price
$137,500

Initial Investment

$32,741

Purchase Price

$120,150

Down Payment

25%

Rent

$1,220

Total Return

$70,394

Annualized Return

26.7%

Cap Rate

6.8%

Gross Yield

12.2%

Cash Flow

$918

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

10/28/2016

Lease End

11/30/2020

Lot Size

6,665

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,908

Expenses

-$3,458

Property Taxes

-$3,000

Loan Payments

-$6,532

Net Cash Flow

$918

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