50771 Michigan Rd

South Bend, IN 46637
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3 bd, 1 ba | 1,016 sqft | Built in 1939

Sold

Exclusive

Cash Only
List Price
$72,427

Initial Investment

$71,789
Pre-approval letter or proof of funds required.
Features

Occupancy

Occupied

Lease Start

11/01/2019

Lease End

10/31/2020

Lot Size

9,583

HOA

None

Flood Risk

Not Required

  • This property is located in a county that may require a water inspection at buyer’s expense
See more in Analysis

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Annual Financial Highlights

Expected Rent

$8,721

Expenses

-$2,550

Property Taxes

-$1,600

Loan Payments

$0

Net Cash Flow

$4,571

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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