1022 W 31st St

Indianapolis, IN 46208
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3 bd, 1 ba | 1,180 sqft | Built in 1998

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List Price
$85,000

Initial Investment

$24,473

Purchase Price

$85,000

Down Payment

25%

Rent

$850

Total Return

$39,450

Annualized Return

22.0%

Cap Rate

6.9%

Gross Yield

12%

Cash Flow

$700

Appreciation

7.6%
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Features
Roofstock Certified

Occupancy

Occupied

Lease Start

01/26/2021

Lease End

03/31/2023

Lot Size

4,312

HOA

None

Flood Risk

Not Required

  • Rent for stove and refrigerator fee included on monthly rent $50
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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,769

Property Taxes

-$1,600

Loan Payments

-$4,621

Net Cash Flow

$700

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