4025 E 10th Ave Gary, IN 46403
3bd, 1ba | 1,211sqft | Built in 1955
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Initial Investment
$60,160
List Price: $59,000
Purchase Price
$59,000
Down Payment
100%
Rent
$725

Total Return
$24,148
Annualized Return
7.9%
Cap Rate
7.6%
Gross Yield
14.7%
Cash Flow
$3,992
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
-
Lease Start
06/01/2013 
Lease End
06/30/2013 
Property Type
Unspecified
Lot Size
9,583 
HOA
None
Flood Risk
Not Required
  • Attractive elementary and middle school options (6+)
  • Month-to-month lease
  • <$300 in immediate repairs
  • 7 minutes from Downtown Gary

Annual Financial Highlight
Expected Rent
$8,265
Expenses
-$2,573
Property Taxes
-$1,700
Loan Payments
$0

Net Cash Flow
$3,992
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

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

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