206 Milton St

South Bend, IN 46613
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2 bd, 1 ba | 1,256 sqft | Built in 1912

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List Price
$47,000

Initial Investment

$43,223

Purchase Price

$40,000

Down Payment

100%

Rent

$750

Total Return

$40,247

Annualized Return

16.6%

Cap Rate

13.3%

Gross Yield

22.5%

Cash Flow

$4,796

Appreciation

8.5%
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Features

Occupancy

Vacant

Lot Size

3,200

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • 2-bed, 1-bath with covered front porch
  • Less than 1 mile from schools, shopping, and dining
  • Seller recently made repairs on home, view inspection documents for more info

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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$3,054

Property Taxes

-$700

Loan Payments

$0

Net Cash Flow

$4,796

See more in Financials

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