1231 New Field Ln
Indianapolis, IN 46231
List Price
$240,000
Initial Investment
$65,400Purchase Price
$240,000
Down Payment
25%
Rent
$1,820
Total Return
$112,485
Annualized Return
22.0%
Cap Rate
5.4%
Gross Yield
9.1%
Cash Flow
-$814
Appreciation
8.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
14,113
HOA
None
Flood Risk
Not Required
Introducing our newest listing at 1231 New Field Ln, Indianapolis, IN 46231, USA. This beautiful home features 3 bedrooms and 3 full bathrooms, located in Wayne Township. Situated on a premium lot, it boasts a basketball court and a covered patio, perfect for outdoor entertainment. Additionally, it includes a two-car garage for convenient parking and a covered front porch for welcoming curb appeal. Inside, you'll find two large living rooms providing ample space for relaxation and gatherings. Don't miss out on this fantastic opportunity! Contact us for more information and to schedule a viewing.
See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$20,748Expenses
-$3,714Property Taxes
-$4,800Loan Payments
-$13,048Net Cash Flow
-$814See 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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Last Updated: 04/02/2024 05:04
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Last Updated: 04/02/2024 05:04