1228 E 42nd St

Anderson, IN 46013
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3 bd, 2 ba | 1,296 sqft | Built in 1996

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List Price
$107,500

Initial Investment

$28,289

Purchase Price

$103,500

Down Payment

25%

Rent

$925

Total Return

$55,698

Annualized Return

24.7%

Cap Rate

6.2%

Gross Yield

10.7%

Cash Flow

$259

Appreciation

8.9%
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Features

Occupancy

Occupied

Lease Start

02/01/2016

Lease End

08/31/2018

Lot Size

9,757

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,545

Expenses

-$2,724

Property Taxes

-$1,935

Loan Payments

-$5,627

Net Cash Flow

$259

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