5809 Grassy Bank Dr

Indianapolis, IN 46237
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4 bd, 2 ba | 2,358 sqft | Built in 2004

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List Price
$165,000

Initial Investment

$44,418

Purchase Price

$163,000

Down Payment

25%

Rent

$1,375

Total Return

$100,636

Annualized Return

26.6%

Cap Rate

5.6%

Gross Yield

10.1%

Cash Flow

-$410

Appreciation

10.4%
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Features

Occupancy

Occupied

Lease Start

06/09/2017

Lease End

07/31/2018

Lot Size

7,710

HOA

$3/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$15,675

Expenses

-$3,923

Property Taxes

-$3,300

Loan Payments

-$8,862

Net Cash Flow

-$410

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