10349 Kings Gap Way

Indianapolis, IN 46234
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3 bd, 3 ba | 2,598 sqft | Built in 2002

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List Price
$324,900

Initial Investment

$88,535

Purchase Price

$324,900

Down Payment

25%

Rent

$1,960

Total Return

$156,340

Annualized Return

21.8%

Cap Rate

4.7%

Gross Yield

7.2%

Cash Flow

-$3,297

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

$38/mo

Flood Risk

Not Required

Welcome to this stunning 3 bdr home with a spacious loft, where every detail has been meticulously maintained. As you enter, you will be greeted by a bright and versatile living area that can be used as a home office or a cozy reading nook. The family room features a gas fireplace that adds warmth and charm to the space. The main level has newer laminate flooring that is easy to maintain and durable. The primary suite offers a relaxing retreat with double sinks and a soaking tub in the bathroom. Each bedroom has its own walk-in closet for ample storage. The roof is only 4 years old, so you can enjoy peace of mind for years to come. This home is located within Brownsburg school district. Enjoy walking or biking on trail to Eagle Creek Park.

See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$22,344

Expenses

-$4,427

Property Taxes

-$3,550

Loan Payments

-$17,663

Net Cash Flow

-$3,297

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:Barbara Bade
Agent License RB14037585
United Real Estate Indpls
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21985337
Last Updated: 06/21/2024 01:06
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