2645 164th Pl

Hammond, IN 46323
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3 bd, 1 ba | 1,071 sqft | Built in 1927

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List Price
$115,000

Initial Investment

$29,975

Purchase Price

$110,000

Down Payment

25%

Rent

$1,150

Total Return

$68,060

Annualized Return

28.4%

Cap Rate

7.4%

Gross Yield

12.5%

Cash Flow

$1,520

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

03/01/2017

Lease End

04/30/2021

Lot Size

4,736

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$3,309

Property Taxes

-$2,300

Loan Payments

-$5,980

Net Cash Flow

$1,520

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