597 Royal Rd
Michigan City, IN 46360
List Price
$135,000
Initial Investment
$36,788$
about the purchase process.
Features
Occupancy
Occupied
Lease Start
08/06/2020
Lease End
07/30/2023
Lot Size
9,540
HOA
None
Flood Risk
Not Required
- Pet fee included in monthly rent of $15
- Corner Lot
- Park-like setting
See more in Analysis
Annual Financial Highlights
Expected Rent
$11,286Expenses
-$2,860Property Taxes
-$2,200Loan Payments
-$5,801Net Cash Flow
$425See 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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