3925 Knapsbury Ln

Indianapolis, IN 46235
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4 bd, 3 ba | 2,760 sqft | Built in 2002

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List Price
$264,900

Initial Investment

$72,185

Purchase Price

$264,900

Down Payment

25%

Rent

$1,970

Total Return

$140,270

Annualized Return

24.0%

Cap Rate

5.6%

Gross Yield

8.9%

Cash Flow

-$581

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,881

HOA

$28/mo

Flood Risk

Not Required

Welcome to your future abode, where comfort and convenience intertwine effortlessly. The heart of this home lies in its spacious family room and updated kitchen, with sleek stainless steel appliances that not only elevate the aesthetic appeal, but also offer unparalleled functionality. The walk-in pantry provides ample storage space for all your culinary essentials, ensuring organization and efficiency in meal prep. Finishing things off on the main level is the laundry room which makes tackling those everyday chores a breeze. As you make your way to top of the stairs, the oversized loft offers endless possibilities. From the loft, step into the serene primary suite, with its large en-suite bathroom complete with a double vanity, seperate shower and tub areas and a walk-in closet. The other three bedrooms all have walk-in closets and recently updated hardwood flooring. For those in need of additional storage space, attic access provides an abundance of room to stow away belongings, keeping living areas clutter-free. Step outside to discover a sprawling fenced-in backyard, providing a private oasis for outdoor gatherings, gardening, or simply unwinding in nature's embrace. Don't let this chance slip-away!

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

Annual Financial Highlights

Expected Rent

$22,458

Expenses

-$4,337

Property Taxes

-$4,300

Loan Payments

-$14,401

Net Cash Flow

-$581

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:Malinda Ennis
Agent License RB14052038
Keller Williams Indy Metro NE
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21966794
Last Updated: 03/28/2024 09:03
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