4933 E 10th Ave

Gary, IN 46403
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3 bd, 1 ba | 850 sqft | Built in 1953

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List Price
$38,000

Initial Investment

$41,043

Purchase Price

$36,500

Down Payment

100%

Rent

$650

Total Return

$18,356

Annualized Return

8.3%

Cap Rate

6.3%

Gross Yield

21.4%

Cash Flow

$1,848

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

03/03/2017

Lease End

03/02/2018

Lot Size

7,187

HOA

None

Flood Risk

Not Required

  • Month-to-month lease
  • Corner lot with large yard
  • Attractive (6+) school scores
  • Inspection report available

See more in Analysis

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Annual Financial Highlights

Expected Rent

$7,410

Expenses

-$2,762

Property Taxes

-$2,800

Loan Payments

$0

Net Cash Flow

$1,848

See more in Financials

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