2517 Abalone Dr

Indianapolis, IN 46217
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3 bd, 2 ba | 1,200 sqft | Built in 2018

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List Price
$154,900

Initial Investment

$41,720

Purchase Price

$152,000

Down Payment

25%

Rent

$1,275

Total Return

$96,865

Annualized Return

26.9%

Cap Rate

5.3%

Gross Yield

10.1%

Cash Flow

-$643

Appreciation

10.9%
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Features

Occupancy

Vacant

Lot Size

6,534

HOA

None

Flood Risk

Not Required

  • New construction
  • Attractive 4-star neighborhood with a strong cap rate
  • Conveniently 20-minutes from Downtown Indianapolis
  • Listed on the MLS on 12/10/18

See more in Analysis
Neil Goradia
Roofstock LLC
Agent License #RB17001290

Annual Financial Highlights

Expected Rent

$14,535

Expenses

-$3,197

Property Taxes

-$3,718

Loan Payments

-$8,264

Net Cash Flow

-$643

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:Frances Williams
Agent License RB14031234
Carpenter, REALTORS®
Certified Agent Brokerage:Neil Goradia
Roofstock LLC
SourceMIBOR Realtor Association
MLS #21614387
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