2905 Odell St

Brownsburg, IN 46112
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5 bd, 3 ba | 3,188 sqft | Built in 2018

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List Price
$425,000

Initial Investment

$115,813

Purchase Price

$425,000

Down Payment

25%

Rent

$2,510

Total Return

$161,696

Annualized Return

18.2%

Cap Rate

4.4%

Gross Yield

7.1%

Cash Flow

-$5,128

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,454

HOA

$48/mo

Flood Risk

Not Required

Built in 2018 in Newbury at West Wynne Farms, this immaculate home is very inviting with great open space on the main level with a lot of natural light. You will find an office/ playroom area off to the left as you walk in, kitchen, dining & family room are all open giving the home a nice spacious flow, you will find one bedroom in the back on the main level. The upper level has a cozy loft area, laundry room & 4 big bedrooms all with walk in closets. The back yard has a 5 ft commercial grade fence and has a nice extended patio.

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

Annual Financial Highlights

Expected Rent

$28,614

Expenses

-$6,036

Property Taxes

-$4,600

Loan Payments

-$23,105

Net Cash Flow

-$5,128

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:Emily Gibson
Agent License RB14052259
The Stewart Home Group
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21973311
Last Updated: 04/24/2024 00:04
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