1107 Paul Dr

Indianapolis, IN 46229
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3 bd, 2 ba | 1,413 sqft | Built in 1993

Sale Pending

Exclusive

List Price
$179,500

Initial Investment

$48,914
Features

Occupancy

Occupied

Lease Start

04/01/2021

Lease End

03/31/2022

Lot Size

8,843

HOA

None

Flood Risk

Not Required

  • Located in the high demand and rapidly growing Indianapolis market
  • Attractive and cozy home, 22-mintues from downtown Indianapolis
  • Leased through March 2022
  • Strong market rent upside
  • Strong history of rent payments
  • This is a Roofstock Reserve property, our premier collection of homes owned by Roofstock. Learn more here
  • Free 1-year home warranty through American Home Shield
See more in Analysis

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$3,347

Property taxes

-$3,200

Loan Payments

-$7,713

Net Cash Flow

-$10

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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