3950 Maryland St

Gary, IN 46409
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2 bd, 1 ba | 897 sqft | Built in 1926

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List Price
$38,000

Initial Investment

$31,922

Purchase Price

$31,000

Down Payment

100%

Rent

$695

Total Return

$36,232

Annualized Return

19.6%

Cap Rate

14.7%

Gross Yield

26.9%

Cash Flow

$4,081

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

09/14/2019

Lease End

09/13/2020

Lot Size

3,703

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$7,923

Expenses

-$2,942

Property Taxes

-$900

Loan Payments

$0

Net Cash Flow

$4,081

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