150 E TROY AVE
INDIANAPOLIS, IN 46225
List Price
$190,000
Initial Investment
$51,775Purchase Price
$190,000
Down Payment
25%
Rent
$1,160
Total Return
$94,766
Annualized Return
21.9%
Cap Rate
4.2%
Gross Yield
7.3%
Cash Flow
-$2,909
Appreciation
9.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,795
HOA
None
Flood Risk
Not Required
Welcome to this newly remodeled 3 bedroom & 2 full bath home located on the south side of Indy near plenty of restaurants, grocery stores, as well as Garfield Park. Walking into the home to an open concept living room/kitchen followed by new flooring through out the home, fresh paint, new countertops, sink, and cabinets. All new appliances will be delivered this week which will be included in the home! Master Bedroom includes one of the two fully remodeled bathrooms. Other items in the home that are updated includes: AC Unit, Furnace, Water Heater, Roof, and Siding. This home also includes a basement. This home is a steal, schedule your showing today to see what else this home has to offer.
See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254
Annual Financial Highlights
Expected Rent
$13,224Expenses
-$2,354Property Taxes
-$3,450Loan Payments
-$10,329Net Cash Flow
-$2,909See 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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SourceMIBOR REALTOR® Association
MLS #22030052
Last Updated: 04/12/2025 02:04
MLS #22030052
Last Updated: 04/12/2025 02:04