4928 Elaine St

Indianapolis, IN 46224
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3 bd, 1 ba | 975 sqft | Built in 1956

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Portfolio Sale

List Price
$66,389

Initial Investment

$15,298

Purchase Price

$55,000

Down Payment

25%

Rent

$750

Total Return

$38,662

Annualized Return

30.6%

Cap Rate

8.0%

Gross Yield

16.4%

Cash Flow

$885

Appreciation

10.3%
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Features

Occupancy

Occupied

Lease Start

09/16/2017

Lease End

08/31/2019

Lot Size

7,187

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,774

Property Taxes

-$1,900

Loan Payments

-$2,990

Net Cash Flow

$885

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