10991 La Fortuna Cv

Roanoke, IN 46783
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3 bd, 2 ba | 1,583 sqft | Built in 2017

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List Price
$183,000

Initial Investment

$49,731

Purchase Price

$182,500

Down Payment

25%

Rent

$1,385

Total Return

$71,013

Annualized Return

19.9%

Cap Rate

6.1%

Gross Yield

9.1%

Cash Flow

$790

Appreciation

6.5%
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Features

Occupancy

Occupied

Lease Start

05/13/2020

Lease End

11/30/2021

Lot Size

9,248

HOA

$1/mo

Flood Risk

Not Required

  • Roofstock Turnkey property
  • Free 1 year home warranty through American Home Shield paid by Seller (cost of $625)
  • 4-star neighborhood near shopping, dining, and schools
  • Easy access to Fort Wayne International Airport (7 mi)
  • Pet fee included in monthly rent of $35.00
  • Go to join.roofstock.com/turnkey to learn more about the Roofstock Turnkey program

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Annual Financial Highlights

Expected Rent

$15,789

Expenses

-$3,377

Property Taxes

-$1,700

Loan Payments

-$9,922

Net Cash Flow

$790

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