6708 Carlsen Ave

Indianapolis, IN 46214
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3 bd, 1 ba | 1,073 sqft | Built in 1957

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List Price
$109,900

Initial Investment

$29,404

Purchase Price

$106,600

Down Payment

25%

Rent

$1,050

Total Return

$60,134

Annualized Return

25.8%

Cap Rate

6.7%

Gross Yield

11.8%

Cash Flow

$773

Appreciation

9.0%
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Features

Occupancy

Vacant

Lot Size

10,890

HOA

None

Flood Risk

Not Required

  • Newly renovated with over $8500 invested, including a new sewer line, new appliances, new blinds, paint and trim.
  • Easy access to I-465 and I-74, 15 min to downtown Indianapolis
  • Close to local schools and retail centers
  • Quiet and safe neighborhood, large fenced back yard

See more in Analysis

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Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$3,101

Property Taxes

-$2,300

Loan Payments

-$5,795

Net Cash Flow

$773

See more in Financials

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