5221 Meadow Ave

Portage, IN 46368
image0

3 bd, 1 ba | 1,025 sqft | Built in 1958

slider image
slider image
slider image
Curb View
List Price
$129,900

Initial Investment

$34,962

Purchase Price

$127,400

Down Payment

25%

Rent

$1,195

Total Return

$61,127

Annualized Return

23.7%

Cap Rate

7.1%

Gross Yield

11.3%

Cash Flow

$1,444

Appreciation

7.4%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

05/20/2019

Lease End

05/30/2022

Lot Size

9,472

HOA

None

Flood Risk

Not Required

  • Complete interior and exterior rehab w/ <$250 in immediate repairs needed
  • 3.5 star neighborhood /w above average schools (6,7,6)
  • Leased through 5/30/2022
  • Tenant Purchase option at $134,900

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$13,623

Expenses

-$3,453

Property Taxes

-$1,800

Loan Payments

-$6,926

Net Cash Flow

$1,444

See more in Financials

Similar Listings