4216 Crittenden Ave
Indianapolis, IN 46205
List Price
$150,000
Initial Investment
$38,150Purchase Price
$140,000
Down Payment
25%
Rent
$1,816
Total Return
$110,389
Annualized Return
35.2%
Cap Rate
9.3%
Gross Yield
15.6%
Cash Flow
$4,432
Appreciation
10.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
07/18/2022
Lease End
09/18/2023
Property Type
Duplex
Lot Size
5,732
HOA
None
Flood Risk
Not Required
- Duplex
- Both units occupied:
1- Unit A is $821/mo
2- Unit B is $995/mo
- Unit B's lease is not on the listing; please see some detail of lease agreement below:
1- Lease end date is 11/8/2023
2- Non-refundable pet deposit (currently 1 pet)
3- No monthly pet fee
4- Security deposit was paid in full in the amount of $1990
5- Rent is due by the 5th of each month; there is a $95 late fee
- Entire property is approximately 899 sq. ft. (living space) according to public records
- Strong cap rate
- Central to general and large stores and parks
- Please note that the Capex is not accurate and has not been updated at this time
See more in Analysis
Annual Financial Highlights
Expected Rent
$20,702Expenses
-$5,959Property Taxes
-$2,700Loan Payments
-$7,611Net Cash Flow
$4,432See more in Financials
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