3502 N Illinois St
Indianapolis, IN 46208
List Price
$198,900
Initial Investment
$54,200Purchase Price
$198,900
Down Payment
25%
Rent
$2,259
Total Return
$109,094
Annualized Return
27.1%
Cap Rate
8.1%
Gross Yield
13.6%
Cash Flow
$4,221
Appreciation
7.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,271
HOA
None
Flood Risk
Not Required
Seller to pay up to 3% of selling cost for buyer.
See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254
Annual Financial Highlights
Expected Rent
$25,749Expenses
-$5,775Property Taxes
-$4,940Loan Payments
-$10,813Net Cash Flow
$4,221See 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:Brian Campbell
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Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22032586
Last Updated: 04/19/2025 22:04
MLS #22032586
Last Updated: 04/19/2025 22:04