6061 Pennsylvania Dr

Merrillville, IN 46410
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2 bd, 1.5 ba | 1,144 sqft | Built in 1973

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Sold

Exclusive

List Price
$95,000

Initial Investment

$96,425
Pre-approval letter or proof of funds required.
Features

Occupancy

Month To Month

Lease Start

01/01/2021

Lease End

M/M

Lot Size

1,220

HOA

$155/mo

Flood Risk

Not Required

  • Strong cap rate at 6.5%
See more in Analysis

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Annual Financial Highlights

Expected Rent

$12,825

Expenses

-$5,483

Property Taxes

-$1,800

Loan Payments

$0

Net Cash Flow

$5,542

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.

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