374 Brook Dr

Valparaiso, IN 46385
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3 bd, 1 ba | 960 sqft | Built in 1962

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List Price
$147,500

Initial Investment

$39,513

Purchase Price

$145,000

Down Payment

25%

Rent

$1,500

Total Return

$78,048

Annualized Return

26.2%

Cap Rate

7.6%

Gross Yield

12.4%

Cash Flow

$2,331

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

04/01/2021

Lease End

03/31/2022

Lot Size

8,800

HOA

None

Flood Risk

Not Required

  • Cute 3 bedroom, 1 Bathroom home located in South Haven.
  • Nice, detached 2-car garage.
  • Fenced in backyard with aboveground pool.
  • Tenant in place.
  • Rent is $1300.

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Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$4,486

Property Taxes

-$2,400

Loan Payments

-$7,883

Net Cash Flow

$2,331

See more in Financials

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