5374 State Road 45

Nashville, IN 47448
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6 bd, 3 ba | 2,544 sqft | Built in 1978

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List Price
$350,000

Initial Investment

$95,375

Purchase Price

$350,000

Down Payment

25%

Rent

$3,283

Total Return

$223,093

Annualized Return

29.9%

Cap Rate

8.1%

Gross Yield

11.3%

Cash Flow

$7,742

Appreciation

8.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

113,256

HOA

None

Flood Risk

Not Required

Location is nice and secluded in the beautiiful Brown County. Where else can you find nearly 3 acres of land and a 6 bedroom home? Theres even a look-out tower on top the home which would be a perfect place to use your telescope. Spacious country kitchen with upgraded appliances, kitchen bar and separate dining space. Two large living area to gather in and enjoy time together. Home has been freshly remodeled with flooring, paint, and newer appliances. This property will not last long, make an appointment to tour today! Closing is contingent seller finding suitable housing

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$37,426

Expenses

-$7,506

Property Taxes

-$3,150

Loan Payments

-$19,028

Net Cash Flow

$7,742

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Susan Apple
Agent License RB20001759
Acup/Morgan Team
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22029727
Last Updated: 04/17/2025 22:04
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