6929 Broadway

Merrillville, IN 46410
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3 bd, 2 ba | 1,687 sqft | Built in 1940

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List Price
$109,900

Initial Investment

$29,358

Purchase Price

$107,000

Down Payment

25%

Rent

$1,200

Total Return

$85,703

Annualized Return

32.9%

Cap Rate

7.3%

Gross Yield

13.5%

Cash Flow

$1,298

Appreciation

11.9%
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Features

Occupancy

Occupied

Lease Start

02/25/2019

Lease End

02/28/2022

Lot Size

15,899

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,865

Property Taxes

-$2,700

Loan Payments

-$5,817

Net Cash Flow

$1,298

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