6810 Aviva Way

Indianapolis, IN 46237
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4 bd, 4 ba | 3,192 sqft | Built in 1999

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List Price
$369,900

$5.1K

Initial Investment

$100,798

Purchase Price

$369,900

Down Payment

25%

Rent

$1,730

Total Return

$171,969

Annualized Return

19.5%

Cap Rate

2.5%

Gross Yield

5.6%

Cash Flow

-$11,572

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,276

HOA

$33/mo

Flood Risk

Not Required

4 bedroom, 3.5 bath remodeled 2 story w/ a finished basement. Kitchen: custom built cabinets, living edge island, quartz countertops, farm sink, tile backsplash, custom hood fan, pot filler, walk-in pantry, SS appliances. Primary bedroom: laminate floor, shiplap, wall mounted nightstand lights, bath: tile floor, double free standing vanity, soaker tub/shower w/ a quartz overlay and walk-in closet. Other updates include: 16x14 sunroom, custom shelving, 22x18 covered patio w/ a 2nd story 18x15 terrace, hardwood floors, new windows, updated baths, roof: 5 years. new W/S, furnace and A/C 3 years, 2nd kitchen and family room in basement.

See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$19,722

Expenses

-$5,084

Property Taxes

-$6,100

Loan Payments

-$20,110

Net Cash Flow

-$11,572

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Patrick Watkins
Agent License RB14036818
Mike Watkins Real Estate Group
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21968465
Last Updated: 04/09/2024 14:04
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