11 Iowa St
Indianapolis, IN 46225
List Price
$255,000
Initial Investment
$69,488Purchase Price
$255,000
Down Payment
25%
Rent
$1,270
Total Return
$111,749
Annualized Return
19.0%
Cap Rate
3.0%
Gross Yield
6.0%
Cash Flow
-$6,812
Appreciation
9.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,182
HOA
None
Flood Risk
Not Required
Looking for an affordable home that's ready for you to move right in? Look no further! This home is completely new from top to bottom. With a fresh roof and siding on the outside, and remodeled windows, floors, and fresh paint inside. The kitchen and bathroom have both been updated as well. And the best part? This home sits on a double lot, giving you lots of space for a garage or a large backyard. Don't miss out on seeing this move-in ready home - it's waiting for you! Located on the old southside. This home is close to everything Indianapolis has to offer.
See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254
Annual Financial Highlights
Expected Rent
$14,478Expenses
-$2,577Property Taxes
-$4,850Loan Payments
-$13,863Net Cash Flow
-$6,812See 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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SourceMIBOR REALTOR® Association
MLS #21975656
Last Updated: 04/30/2024 22:04
MLS #21975656
Last Updated: 04/30/2024 22:04