6024 Ruskin Pl W
Indianapolis, IN 46224
List Price
$89,500
Initial Investment
$26,163Purchase Price
$85,000
Down Payment
25%
Rent
$875
Total Return
$54,748
Annualized Return
26.4%
Cap Rate
7.2%
Gross Yield
12.4%
Cash Flow
$901
Appreciation
10.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
01/14/2019
Lease End
09/30/2019
Lot Size
6,882
HOA
None
Flood Risk
Not Required
- An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased (if stated) to meet our certification requirements
- Attractive 11.7% gross yield, 7.18% cap rate for a home in a 3-star neighborhood
- As of 4/12 seller is in process of repairing roof, replacing electrical panel and correct all other items on the inspection report
- 3-bed 1-bath 972 sq ft single-family home near above-average junior high school
- Seller will provide a 1 year home warranty
- The house is conveniently located: only 17 minutes away from all the dining and entertaining options in downtown Indianapolis
- This home features tile-like flooring and fenced-in yard
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,975Expenses
-$2,761Property Taxes
-$1,692Loan Payments
-$4,621Net Cash Flow
$901See more in Financials
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