271 W Gimber Street

Indianapolis, IN 46225
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3 bd, 2 ba | 1,272 sqft | Built in 1971

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List Price
$100,000

Initial Investment

$32,376

Purchase Price

$100,000

Down Payment

25%

Rent

$1,013

Total Return

$58,630

Annualized Return

24.0%

Cap Rate

7.1%

Gross Yield

12.2%

Cash Flow

$1,083

Appreciation

9.7%
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Features

Occupancy

Occupied

Lease Start

06/01/2021

Lease End

05/31/2022

Lot Size

6,011

HOA

None

Flood Risk

Not Required

  • AS-IS Sale
  • Pet fee included in monthly rent of $40
  • Filter replacement service included in monthly rent of $10
  • Get more insight into this market here

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$11,548

Expenses

-$3,129

Property Taxes

-$1,900

Loan Payments

-$5,437

Net Cash Flow

$1,083

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