4980 Vermont St

Gary, IN 46409
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2 bd, 1 ba | 999 sqft | Built in 1959

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List Price
$34,000

Initial Investment

$35,340

Purchase Price

$31,750

Down Payment

100%

Rent

$650

Total Return

$28,725

Annualized Return

14.4%

Cap Rate

11.2%

Gross Yield

24.6%

Cash Flow

$3,099

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

04/21/2017

Lease End

04/20/2018

Lot Size

7,057

HOA

None

Flood Risk

Not Required

  • Meets 1% rule
  • Attractive cap rate
  • 2.5-star neighborhood

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Annual Financial Highlights

Expected Rent

$7,410

Expenses

-$2,811

Property Taxes

-$1,500

Loan Payments

$0

Net Cash Flow

$3,099

See more in Financials

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