4037 Red Bird Dr

Indianapolis, IN 46222
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3 bd, 1 ba | 888 sqft | Built in 1956

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List Price
$68,285

Initial Investment

$60,913

Purchase Price

$59,500

Down Payment

100%

Rent

$725

Total Return

$51,389

Annualized Return

14.5%

Cap Rate

8.1%

Gross Yield

14.6%

Cash Flow

$4,322

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

09/21/2017

Lease End

08/31/2018

Lot Size

9,191

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,524

Property Taxes

-$1,419

Loan Payments

$0

Net Cash Flow

$4,322

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