3808 W 10th Ave

Gary, IN 46404
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1 bd, 1 ba | 1,111 sqft | Built in 1990

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List Price
$65,000

Initial Investment

$16,541

Purchase Price

$52,000

Down Payment

25%

Rent

$925

Total Return

$40,215

Annualized Return

33.4%

Cap Rate

11.8%

Gross Yield

21.3%

Cash Flow

$2,680

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

10/15/2020

Lease End

07/28/2020

Lot Size

2,788

HOA

None

Flood Risk

Not Required

  • 3 bed 1 bath with covered porch
  • Unfinished basement
  • Quiet, residential neighborhood

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Annual Financial Highlights

Expected Rent

$10,545

Expenses

-$3,738

Property Taxes

-$1,300

Loan Payments

-$2,827

Net Cash Flow

$2,680

See more in Financials

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