201 Indiana Ave
Mishawaka, IN 46544
Sold
Exclusive
List Price
$159,900
Initial Investment
$44,283Features
Occupancy
Occupied
Lease Start
05/25/2018
Lease End
05/31/2020
Property Type
Duplex
Lot Size
5,662
HOA
None
Flood Risk
Not Required
- Duplex, leased through 5/31/2020 and 7/31/2021
- Attractive cap rate
- Walking distance to Mishawaka High School
- Appliance rental fee included in monthly rent of $50
See more in Analysis
Annual Financial Highlights
Expected Rent
$20,292Expenses
-$5,556Property Taxes
-$3,500Loan Payments
-$6,579Net Cash Flow
$4,657See 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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