3780 Monroe St

Gary, IN 46408
image0

2 bd, 1 ba | 734 sqft | Built in 1924

slider image
slider image
slider image
List Price
$53,000

Initial Investment

$50,750

Purchase Price

$50,000

Down Payment

100%

Rent

$775

Total Return

$50,074

Annualized Return

16.9%

Cap Rate

10.8%

Gross Yield

18.6%

Cash Flow

$4,868

Appreciation

9.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

05/31/2019

Lease End

05/31/2020

Lot Size

4,138

HOA

None

Flood Risk

Not Required

  • Attractive cap rate and meets 1% rule
  • No immediate repairs needed
  • 4 miles to downtown Gary, 35 miles to downtown Chicago

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$8,835

Expenses

-$2,967

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$4,868

See more in Financials

Similar Listings