1438 Miner St South Bend, IN 46617
3bd, 1ba | 900sqft | Built in 1927
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Initial Investment
$81,101
List Price: $78,900
Purchase Price
$78,900
Down Payment
100%
Rent
$750

Total Return
$30,433
Annualized Return
7.3%
Cap Rate
6.8%
Gross Yield
11.4%
Cash Flow
$4,873
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
10/02/2017 
Lease End
10/31/2019 
Lot Size
4,792 
HOA
None
Flood Risk
Not Required

Annual Financial Highlight
Expected Rent
$8,550
Expenses
-$2,277
Property Taxes
-$1,400
Loan Payments
$0

Net Cash Flow
$4,873
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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