1025 W Rose St

South Bend, IN 46616
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3 bd, 1 ba | 1,000 sqft | Built in 1928

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For Sale

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List Price
$72,500

$6.5K

Initial Investment

$28,082
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$72,500

Down Payment

25%

Rent

$800

Total Return

$36,928

Annualized Return

19.9%

Cap Rate

8.6%

Gross Yield

13.2%

Cash Flow

$1,751

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

04/01/2022

Lease End

04/30/2023

Lot Size

5,118

HOA

None

Flood Risk

Not Required

  • Great Investment Opportunity!
  • Strong cap.
  • Featuring this 3 bedroom, 1 bath home situated in South Bend, IN!
  • Complete with extra dining room. This home has two bedrooms located on the main floor with the third bedroom spanning the entirety of the upper level.
  • Long-term tenant.
  • Get more insight into this market here

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$2,627

Property Taxes

-$800

Loan Payments

-$3,941

Net Cash Flow

$1,751

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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