3734 Grand Blvd

East Chicago, IN 46312
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3 bd, 1 ba | 1,260 sqft | Built in 1902

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List Price
$42,000

Initial Investment

$40,000

Purchase Price

$39,409

Down Payment

100%

Rent

$725

Total Return

$42,438

Annualized Return

18.2%

Cap Rate

12.4%

Gross Yield

22.1%

Cash Flow

$4,397

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

10/07/2013

Lease End

10/06/2014

Lot Size

4,305

HOA

None

Flood Risk

Not Required

  • Long-term tenant on a month-to-month lease
  • Meets 1% rule
  • No immediate repairs needed
  • Close to shopping, dining, schools, and parks

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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$3,168

Property Taxes

-$700

Loan Payments

$0

Net Cash Flow

$4,397

See more in Financials

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