356 Buchanan St

Gary, IN 46402
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3 bd, 1 ba | 1,188 sqft | Built in 1912

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List Price
$39,000

Initial Investment

$35,095

Purchase Price

$33,000

Down Payment

100%

Rent

$725

Total Return

$36,791

Annualized Return

18.3%

Cap Rate

14.3%

Gross Yield

26.4%

Cash Flow

$4,219

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

05/19/2020

Lease End

05/18/2021

Lot Size

4,748

HOA

None

Flood Risk

Not Required

  • May Rent has been paid. See ledger in diligence vault
  • Seller recently made repairs on home, view inspection documents for more info

See more in Analysis

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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$3,146

Property Taxes

-$900

Loan Payments

$0

Net Cash Flow

$4,219

See more in Financials

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