656 Alpha Ave-Brownsburg-46112, Hendricks

656 Alpha Ave

Brownsburg, IN 46112

3 bd, 1 ba | 1,073 sqft | Built in 1957

List Price

$115,000

Initial Investment

$30,019

Purchase Price

$109,500

Down Payment

25%

Rent

$975

Total Return

$49,927

Annualized Return

22.0%

Cap Rate

6.2%

Gross Yield

10.7%

Cash Flow

$279

Appreciation

7.7%

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Features

Occupancy

Vacant

Lot Size

10,890

HOA

None

Flood Risk

Not Required

MARKETS

NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$11,115

Expenses

-$2,813

Property Taxes

-$2,070

Loan Payments

-$5,953

Net Cash Flow

$279

See more in Financials

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