3403 Kenwood Street

Hammond, IN 46323
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3 bd, 1 ba | 825 sqft | Built in 1954

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List Price
$128,300

Initial Investment

$36,011

Purchase Price

$127,000

Down Payment

25%

Rent

$1,350

Total Return

$72,405

Annualized Return

25.5%

Cap Rate

6.7%

Gross Yield

12.8%

Cash Flow

$857

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

11/25/2020

Lease End

11/24/2022

Lot Size

6,750

HOA

None

Flood Risk

Not Required

  • Cute 3 bedroom, 1 bathroom located in Hammond, IN.
  • Tenant in place
  • Rent is $1350/month
  • Recently Remodeled

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$4,129

Property Taxes

-$3,500

Loan Payments

-$6,904

Net Cash Flow

$857

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