5241 Washington St

Gary, IN 46410
image0

4 bd, 1.5 ba | 1,634 sqft | Built in 1947

slider image
slider image
slider image
Sold

Exclusive

List Price
$140,000

Initial Investment

$35,807
Pre-approval letter or proof of funds required.
Features

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

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$3,927

Property Taxes

-$2,900

Loan Payments

-$5,646

Net Cash Flow

$2,347

See 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.

Similar Listings