4604 Miller Ln

Gary, IN 46403
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3 bd, 1 ba | 1,008 sqft | Built in 1959

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List Price
$62,500

Initial Investment

$15,186

Purchase Price

$52,000

Down Payment

25%

Rent

$800

Total Return

$30,445

Annualized Return

28.7%

Cap Rate

10.3%

Gross Yield

18.5%

Cash Flow

$1,966

Appreciation

7.1%
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Features

Occupancy

Occupied

Lease Start

05/01/2019

Lease End

04/30/2020

Lot Size

7,013

HOA

None

Flood Risk

Not Required


MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$3,127

Property Taxes

-$1,200

Loan Payments

-$2,827

Net Cash Flow

$1,966

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