1597 Glen Hollow Dr Fort Wayne, IN 46814
3bd, 2ba | 1,769sqft | Built in 2017
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Initial Investment
$213,150
List Price: $210,000
Purchase Price
$210,000
Down Payment
100%
Rent
$1,479

Total Return
$68,202
Annualized Return
6.3%
Cap Rate
5.2%
Gross Yield
8.5%
Cash Flow
$10,691
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
06/29/2018 
Lease End
06/30/2020 
Lot Size
9,975 
HOA
$19/mo
Flood Risk
Not Required
  • Built in 2017
  • No immediate repairs per inspection report
  • Close to schools, shopping, and dining
  • Leased through 6/30/2020

Annual Financial Highlight
Expected Rent
$16,861
Expenses
-$3,469
Property Taxes
-$2,700
Loan Payments
$0

Net Cash Flow
$10,691
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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