1221 N Goodlet Ave

Indianapolis, IN 46222
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2 bd, 2 ba | 1,073 sqft | Built in 1950

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List Price
$50,000

Initial Investment

$45,675

Purchase Price

$45,000

Down Payment

100%

Rent

$750

Total Return

$46,162

Annualized Return

17.3%

Cap Rate

11.3%

Gross Yield

20%

Cash Flow

$4,569

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

01/18/2019

Lease End

04/30/2020

Lot Size

5,401

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,981

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$4,569

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