315 N Vine St

Muncie, IN 47305
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3 bd, 1 ba | 1,243 sqft | Built in 1890

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List Price
$48,000

Initial Investment

$34,510

Purchase Price

$34,000

Down Payment

100%

Rent

$700

Total Return

$34,550

Annualized Return

17.8%

Cap Rate

13.8%

Gross Yield

24.7%

Cash Flow

$4,219

Appreciation

7.3%
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Features

Occupancy

Month To Month

Lease Start

07/06/2017

Lease End

M/M

Lot Size

5,625

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$7,980

Expenses

-$3,061

Property Taxes

-$700

Loan Payments

$0

Net Cash Flow

$4,219

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