5141 Connecticut St

Gary, IN 46409
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2 bd, 2 ba | 953 sqft | Built in 1924

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List Price
$99,000

Initial Investment

$28,648

Purchase Price

$95,000

Down Payment

25%

Rent

$750

Total Return

$46,295

Annualized Return

20.9%

Cap Rate

5.3%

Gross Yield

9.5%

Cash Flow

-$518

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

05/27/2020

Lease End

04/30/2021

Lot Size

9,453

HOA

None

Flood Risk

Not Required

  • July rent has been paid. See ledger in diligence vault

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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,004

Property Taxes

-$1,900

Loan Payments

-$5,165

Net Cash Flow

-$518

See more in Financials

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