1523 W 20th St

Anderson, IN 46016
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4 bd, 2 ba | 1,604 sqft | Built in 1950

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List Price
$114,900

Initial Investment

$31,310

Purchase Price

$114,900

Down Payment

25%

Rent

$1,070

Total Return

$67,795

Annualized Return

27.3%

Cap Rate

7.2%

Gross Yield

11.2%

Cash Flow

$1,393

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,000

HOA

None

Flood Risk

Not Required

Inviting two-level home featuring a warm and welcoming foyer, 2 beds & updated bathrooms on the main level. 2 Spacious bedrooms on the upper level! Updated flooring, remodeled kitchen and bathrooms. Large back yard & an ideal urban living with park convenience for the kiddos!

See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$12,198

Expenses

-$2,559

Property Taxes

-$2,000

Loan Payments

-$6,247

Net Cash Flow

$1,393

See 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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Listing Courtesy of:Lucero Vargas
RE/MAX Real Estate Solutions
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21971933
Last Updated: 04/19/2024 02:04
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