4509 E 17th St

Indianapolis, IN 46218
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2 bd, 1 ba | 1,080 sqft | Built in 1920

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List Price
$60,000

Initial Investment

$18,576

Purchase Price

$62,500

Down Payment

25%

Rent

$780

Total Return

$56,599

Annualized Return

35.2%

Cap Rate

8.9%

Gross Yield

15.0%

Cash Flow

$1,615

Appreciation

12.6%
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Features

Occupancy

Occupied

Lease Start

03/02/2018

Lease End

02/28/2019

Lot Size

6,055

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,892

Expenses

-$2,779

Property Taxes

-$1,100

Loan Payments

-$3,398

Net Cash Flow

$1,615

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