905 Hendricks St

Mishawaka, IN 46544
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3 bd, 1 ba | 936 sqft | Built in 1968

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Tentative Price
$78,900

Initial Investment

$20,438

Purchase Price

$75,000

Down Payment

25%

Rent

$800

Total Return

$43,664

Annualized Return

27.5%

Cap Rate

7.7%

Gross Yield

12.8%

Cash Flow

$1,152

Appreciation

8.6%
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Features

Occupancy

Occupied

Lease Start

03/01/2017

Lease End

02/28/2021

Lot Size

4,356

HOA

None

Flood Risk

Not Required

  • Roofstock Turnkey property
  • Free 1 year home warranty through American Home Shield paid by Seller
  • Go to join.roofstock.com/turnkey to learn more about the Roofstock Turnkey program
  • This property is located in a county that may require a water inspection at buyer’s expense
  • Pet fee included in monthly rent of $30.00
  • Appliance rental fee included in monthly rent of $15.00 for stove and refrigerator

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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$2,590

Property Taxes

-$1,300

Loan Payments

-$4,077

Net Cash Flow

$1,152

See more in Financials

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