839 King St-Gary-46406, Lake

839 King St

Gary, IN 46406

3 bd, 1 ba | 952 sqft | Built in 1958

List Price

$55,000

Initial Investment

$55,825

Purchase Price

$55,000

Down Payment

100%

Rent

$850

Total Return

$55,542

Annualized Return

17.1%

Cap Rate

11.0%

Gross Yield

18.5%

Cash Flow

$5,442

Appreciation

9.2%

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Features

Occupancy

Unspecified

Lease Start

12/01/2019

Lease End

11/30/2020

Lot Size

6,229

HOA

None

Flood Risk

Not Required

MARKETS

NEIGHBORHOOD

SCHOOLS

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$3,148

Property Taxes

-$1,100

Loan Payments

$0

Net Cash Flow

$5,442

See more in Financials

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