4025 E 10th Ave

Gary, IN 46403
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3 bd, 1 ba | 1,211 sqft | Built in 1955

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List Price
$44,000

Initial Investment

$37,555

Purchase Price

$37,000

Down Payment

100%

Rent

$725

Total Return

$30,825

Annualized Return

14.6%

Cap Rate

10.6%

Gross Yield

23.5%

Cash Flow

$3,412

Appreciation

7.1%
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Features

Occupancy

Unspecified

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
  • No immediate repairs
  • 7 minutes from Downtown Gary

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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$3,153

Property Taxes

-$1,700

Loan Payments

$0

Net Cash Flow

$3,412

See more in Financials

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