2420 Marshalltown Ln

Gary, IN 46407
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3 bd, 1 ba | 925 sqft | Built in 1956

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List Price
$60,000

Initial Investment

$55,814

Purchase Price

$54,000

Down Payment

100%

Rent

$841

Total Return

$49,783

Annualized Return

15.4%

Cap Rate

9.7%

Gross Yield

18.7%

Cash Flow

$4,638

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

12/05/2019

Lease End

11/30/2020

Lot Size

5,009

HOA

None

Flood Risk

High Risk - Zone A

  • Tenants with good payment history
  • Attractive cap rate
  • Low turn cost
  • Seller recently made repairs on home, view inspection documents for more info

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,587

Expenses

-$3,750

Property Taxes

-$1,200

Loan Payments

$0

Net Cash Flow

$4,638

See more in Financials

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