5718 E 13th Pl

Gary, IN 46403
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3 bd, 1 ba | 1,008 sqft | Built in 1959

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List Price
$52,000

Initial Investment

$53,795

Purchase Price

$53,000

Down Payment

100%

Rent

$800

Total Return

$46,475

Annualized Return

15.4%

Cap Rate

11.1%

Gross Yield

18.1%

Cash Flow

$5,325

Appreciation

7.1%
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Features

Occupancy

Occupied

Lease Start

10/04/2019

Lease End

09/29/2020

Lot Size

6,316

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$3,095

Property Taxes

-$700

Loan Payments

$0

Net Cash Flow

$5,325

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