1662 Parkthorne Dr
Indianapolis, IN 46229
List Price
$159,900
Initial Investment
$43,600Purchase Price
$160,000
Down Payment
25%
Rent
$1,066
Total Return
$90,036
Annualized Return
23.8%
Cap Rate
4.2%
Gross Yield
8.0%
Cash Flow
-$2,390
Appreciation
10.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
04/01/2018
Lease End
04/03/2023
Lot Size
6,839
HOA
$20/mo
Flood Risk
Not Required
- Gorgeous home with attached 2-car garage
- Located in the high demand and rapidly growing Indianapolis market
- 18-mintues from downtown Indianapolis
- Long term tenant currently month-to-month
- Strong market rent upside
- Walking distance to Warren Central High School
- This is part of Roofstock's owned premier properties
- Get more insight into this market Learn more here
See more in Analysis
Annual Financial Highlights
Expected Rent
$12,152Expenses
-$3,132Property Taxes
-$2,712Loan Payments
-$8,698Net Cash Flow
-$2,390See more in Financials
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