5241 Washington St
Gary, IN 46410
Sold
Exclusive
List Price
$140,000
Initial Investment
$35,807Features
Occupancy
Month To Month
Lease Start
05/01/2021
Lease End
M/M
Lot Size
32,365
HOA
None
Flood Risk
Not Required
- Charming cape cod with 4 bedrooms and 1.5 bathrooms!
- Cul-de-sac feel!
- Solid cap rate at 6%
- Property is occupied
- Tenant is month-to-month
- Rent is $1300/month
See more in Analysis
Annual Financial Highlights
Expected Rent
$14,820Expenses
-$3,927Property Taxes
-$2,900Loan Payments
-$5,646Net Cash Flow
$2,347See more in Financials
Property Characteristics
Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
- This property will be professionally inspected before closing.
- You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
- Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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