1921 N Centennial St

Indianapolis, IN 46222
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3 bd, 2 ba | 1,440 sqft | Built in 1947

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List Price
$170,000

Initial Investment

$46,325

Purchase Price

$170,000

Down Payment

25%

Rent

$1,110

Total Return

$80,081

Annualized Return

21.1%

Cap Rate

4.3%

Gross Yield

7.8%

Cash Flow

-$2,451

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,057

HOA

None

Flood Risk

Not Required

Come see this Nicely Updated 3 Bedroom 2 Bath Home with Huge Bonus Room! Everything has been done for you and is Move In Ready! Upgraded Exterior Features include New Roof, New Siding and New Gutters. The Interior has been Freshly Remodeled as well. Large Living Room with Brand New LVP Flooring. House has All New Plumbing, Electrical, Fresh Paint throughout, Light Fixtures and HVAC System. Kitchen also has New LVP flooring, New Cabinets and New Appliances as well. 2 Bedrooms on the Main floor with Brand New Carpet. Master Bedroom is on the second floor with an All New Full Bathroom with Standup Shower. Another Full Bathroom on the Main Floor with New flooring, New Tub and Shower, Toilet, and Vanity. Full Basement with half of it being a Huge Bonus Room that can be used as another Bedroom or Entertaining room. Newer Water Heater has been installed also. Large Backyard and Driveway on side of the house for your convenience. Check out the 3D tour for a more in depth view of this Property.

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$12,654

Expenses

-$2,762

Property Taxes

-$3,100

Loan Payments

-$9,242

Net Cash Flow

-$2,451

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:Emanuel Ruiz
Snyder Strategy Realty, Inc
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21969121
Last Updated: 03/22/2024 00:03
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