504 Shelby St

Hobart, IN 46342
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3 bd, 1 ba | 1,000 sqft | Built in 1949

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List Price
$119,900

Initial Investment

$32,155

Purchase Price

$118,000

Down Payment

25%

Rent

$1,195

Total Return

$71,902

Annualized Return

27.2%

Cap Rate

6.6%

Gross Yield

12.2%

Cash Flow

$674

Appreciation

9.7%
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Features

Occupancy

Vacant

Lot Size

6,751

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,623

Expenses

-$3,334

Property Taxes

-$3,200

Loan Payments

-$6,415

Net Cash Flow

$674

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