1158 E Gimber St

Indianapolis, IN 46203
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2 bd, 1 ba | 1,124 sqft | Built in 1950

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List Price
$76,800

Initial Investment

$24,178

Purchase Price

$76,800

Down Payment

25%

Rent

$800

Total Return

$43,630

Annualized Return

24.5%

Cap Rate

7.9%

Gross Yield

12.5%

Cash Flow

$1,318

Appreciation

8.8%
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Features

Occupancy

Occupied

Lease Start

11/24/2018

Lease End

04/30/2020

Lot Size

4,748

HOA

None

Flood Risk

Not Required

  • Brand new roof as of 9/20 - see invoice in Diligence Documents

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$2,626

Property Taxes

-$1,000

Loan Payments

-$4,175

Net Cash Flow

$1,318

See more in Financials

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