1301 Edgecombe Ave

Indianapolis, IN 46227
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2 bd, 2 ba | 778 sqft | Built in 1946

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List Price
$65,000

Initial Investment

$18,120

Purchase Price

$62,000

Down Payment

25%

Rent

$850

Total Return

$52,966

Annualized Return

35.3%

Cap Rate

9.7%

Gross Yield

16.5%

Cash Flow

$2,092

Appreciation

11.3%
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Features

Occupancy

Occupied

Lease Start

06/01/2017

Lease End

05/31/2018

Lot Size

10,799

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$3,028

Property Taxes

-$1,200

Loan Payments

-$3,371

Net Cash Flow

$2,092

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