4731 Wellington Ave
Indianapolis, IN 46226
List Price
$88,000
Initial Investment
$85,694Purchase Price
$84,250
Down Payment
100%
Rent
$950
Total Return
$65,936
Annualized Return
13.4%
Cap Rate
7.8%
Gross Yield
13.5%
Cash Flow
$5,952
Appreciation
8.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
10/31/2018
Lease End
10/31/2020
Lot Size
7,230
HOA
None
Flood Risk
Not Required
- Attractive newly renovated, single family home with 7.6 cap rate located in 3-star neighborhood
- Nestled in a mature neighborhood of Indianapolis. Updates include new fixtures and flooring.
- The home is located within walking distance to parks and restaurants, all schools are within a 5 minute drive
- Easy access to I 465 and just 15 min to downtown Indianapolis
- Minimal Immediate and Additional Repair Items identified in inspection report
- Well maintained large backyard
See more in Analysis
Annual Financial Highlights
Expected Rent
$10,830Expenses
-$3,078Property Taxes
-$1,800Loan Payments
$0Net Cash Flow
$5,952See more in Financials
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