5733 E 13th Pl Gary, IN 46403
4bd, 1.5ba | 1,008sqft | Built in 1960
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Initial Investment
$49,339
List Price: $47,000
Purchase Price
$47,000
Down Payment
100%
Rent
$800

Total Return
$27,268
Annualized Return
10.9%
Cap Rate
11.7%
Gross Yield
20.4%
Cash Flow
$4,967
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Month To Month
Lease Start
08/04/2018 
Lease End
M/M
Lot Size
6,621 
HOA
None
Flood Risk
Not Required
  • Meets 1% Rule
  • Additional photos and inspection report available in the Analysis Tab

Annual Financial Highlight
Expected Rent
$9,120
Expenses
-$3,253
Property Taxes
-$900
Loan Payments
$0

Net Cash Flow
$4,967
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.