3674 Maryland St

Gary, IN 46409
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2 bd, 1 ba | 690 sqft | Built in 1927

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List Price
$38,500

Initial Investment

$37,555

Purchase Price

$37,000

Down Payment

100%

Rent

$720

Total Return

$38,392

Annualized Return

17.5%

Cap Rate

11.7%

Gross Yield

23.4%

Cash Flow

$3,854

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

07/01/2019

Lease End

07/31/2020

Lot Size

3,136

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,208

Expenses

-$2,954

Property Taxes

-$1,400

Loan Payments

$0

Net Cash Flow

$3,854

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