3751 Swift St Hobart, IN 46342
2bd, 1ba | 744sqft | Built in 1940
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Initial Investment
$72,844
List Price: $71,000
Purchase Price
$71,000
Down Payment
100%
Rent
$850

Total Return
$29,705
Annualized Return
8.0%
Cap Rate
7.9%
Gross Yield
14.4%
Cash Flow
$5,017
Appreciation
2.0%
Features
Occupancy
Occupied
Lease Start
03/01/2019 
Lease End
03/01/2020 
Lot Size
4,792 
HOA
None
Flood Risk
Not Required
  • Attractive cap rate
  • Updated flooring and fixtures throughout house
  • <$800 in immediate repairs
  • Tenant pays all $850/mo

Annual Financial Highlight
Expected Rent
$9,690
Expenses
-$2,773
Property Taxes
-$1,900
Loan Payments
$0

Net Cash Flow
$5,017
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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