2344 Collier St

Indianapolis, IN 46241
image0

3 bd, 2 ba | 2,016 sqft | Built in 1920

slider image
slider image
slider image
List Price
$200,000

Initial Investment

$54,500

Purchase Price

$200,000

Down Payment

25%

Rent

$1,270

Total Return

$92,412

Annualized Return

20.7%

Cap Rate

4.2%

Gross Yield

7.6%

Cash Flow

-$2,972

Appreciation

9.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

15,552

HOA

None

Flood Risk

Not Required

This completely remodeled 3 bed, two bath home comes with over 1/3 acre that is almost entirely fenced in! It has a large welcoming covered front porch perfect for summer evenings. Inside you will find open concept living with the family room open to the dining and kitchen. The home has LVP flooring throughout. The finished attic space has endless possibilities as an office, kids playroom or additional bedroom. The large laundry/mud room is just off the kitchen. There is also a brand new 22x24 carport to provide covered parking, with new concrete driveway. Nearly everything is new: Roof, siding, plumbing, electrical, Air conditioner, water heater, flooring, cabinets and new stainless steel appliances will be installed at closing.

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

Annual Financial Highlights

Expected Rent

$14,478

Expenses

-$2,577

Property Taxes

-$4,000

Loan Payments

-$10,873

Net Cash Flow

-$2,972

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.

Similar Listings



Listing Courtesy of:Sara Thacker
eXp Realty, LLC
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21971667
Last Updated: 04/04/2024 15:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.