602 E 29th St

Anderson, IN 46016

3 bd, 1 ba | 2,420 sqft | Built in 1925

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List Price
$139,643

Initial Investment

$38,053

Purchase Price

$139,643

Down Payment

25%

Rent

$1,011

Total Return

$67,353

Annualized Return

22.0%

Cap Rate

5.0%

Gross Yield

8.7%

Cash Flow

-$1,140

Appreciation

8.9%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Lot Size

5,375

HOA

None

Flood Risk

Not Required


MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$11,525

Expenses

-$2,476

Property Taxes

-$2,597

Loan Payments

-$7,592

Net Cash Flow

-$1,140

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