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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List Price
$95,000

Initial Investment

$96,425

Purchase Price

$95,000

Down Payment

100%

Rent

$1,125

Total Return

$94,372

Annualized Return

15.9%

Cap Rate

6.5%

Gross Yield

14.2%

Cash Flow

$5,542

Appreciation

11.9%
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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%

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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

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