3732 W 78th Pl

Merrillville, IN 46410
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4 bd, 2 ba | 1,836 sqft | Built in 1962

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List Price
$155,000

Initial Investment

$43,381

Purchase Price

$152,000

Down Payment

25%

Rent

$1,465

Total Return

$117,292

Annualized Return

31.0%

Cap Rate

6.7%

Gross Yield

11.6%

Cash Flow

$1,320

Appreciation

11.9%
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Features

Occupancy

Occupied

Lease Start

12/09/2019

Lease End

05/08/2021

Lot Size

9,583

HOA

None

Flood Risk

Not Required

  • Ideal location near a school and great freeway access
  • Pet fee included in the base rent of $15
  • Seller recently made repairs on home, view inspection documents for more info
  • October rent has been paid. See ledger in diligence vault

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Annual Financial Highlights

Expected Rent

$16,701

Expenses

-$4,117

Property Taxes

-$3,000

Loan Payments

-$8,264

Net Cash Flow

$1,320

See more in Financials

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