1453 E Fox St

South Bend, IN 46613
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2 bd, 1 ba | 980 sqft | Built in 1925

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List Price
$64,125

Initial Investment

$17,202

Purchase Price

$63,125

Down Payment

25%

Rent

$635

Total Return

$35,022

Annualized Return

26.2%

Cap Rate

7.2%

Gross Yield

12.1%

Cash Flow

$700

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

10/21/2016

Lease End

10/31/2020

Lot Size

5,227

HOA

None

Flood Risk

Not Required

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

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Annual Financial Highlights

Expected Rent

$7,239

Expenses

-$2,107

Property Taxes

-$1,000

Loan Payments

-$3,432

Net Cash Flow

$700

See more in Financials

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