1564 Clinton St
Gary, IN 46406
List Price
$75,000
Initial Investment
$20,438Purchase Price
$75,000
Down Payment
25%
Rent
$650
Total Return
$37,606
Annualized Return
22.6%
Cap Rate
5.2%
Gross Yield
10.4%
Cash Flow
-$621
Appreciation
9.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
11/01/2021
Lease End
12/31/2023
Lot Size
6,229
HOA
None
Flood Risk
Not Required
- Cozy 2 bedroom, 1 bathroom home located on Gary's West side.
- Close proximity to Indiana University Northwest.
- Attached one-car garage.
- Central heating and air.
- Tenant is month-to-month.
- Rent is $650/month.
See more in Analysis
Annual Financial Highlights
Expected Rent
$7,410Expenses
-$2,253Property Taxes
-$1,700Loan Payments
-$4,077Net Cash Flow
-$621See more in Financials
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