1146 N Elmer St

South Bend, IN 46628
image0

2 bd, 1 ba | 864 sqft | Built in 1926

slider image
slider image
slider image
List Price
$48,000

Initial Investment

$45,395

Purchase Price

$44,000

Down Payment

100%

Rent

$645

Total Return

$38,260

Annualized Return

14.9%

Cap Rate

10.2%

Gross Yield

17.6%

Cash Flow

$4,052

Appreciation

7.9%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

01/01/2019

Lease End

12/31/2020

Lot Size

5,227

HOA

None

Flood Risk

Not Required

  • Appliance rental fee included in monthly rent of $50.00 for stove and refrigerator
  • This property is located in a county that may require a water inspection at buyer’s expense

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$7,353

Expenses

-$2,501

Property Taxes

-$800

Loan Payments

$0

Net Cash Flow

$4,052

See more in Financials

Similar Listings