7140 Lakeland Trails Blvd
Indianapolis, IN 46259
List Price
$389,900
$17.6K
Initial Investment
$106,248Purchase Price
$389,900
Down Payment
25%
Rent
$2,500
Total Return
$219,788
Annualized Return
24.2%
Cap Rate
4.5%
Gross Yield
7.7%
Cash Flow
-$4,473
Appreciation
10.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
14,854
HOA
$32/mo
Flood Risk
Not Required
JUST LISTED IN FRANKLIN TOWNSHIP!!! This four bedroom, three bath home is now available in the desirable neighborhood of Lakeland Trails! This Princeton built home sits on a lovely lot with a large concrete patio and professional landscaping. Open concept kitchen with island, black stainless steel appliances, custom back splash and under cabinet lighting offers room for family to gather and enjoy. Dining room could easily become a home office area. The upper-level features a beautiful master bedroom ensuite with walk in closet and a master bath that offers double sinks and a walk-in shower. There are three additional bedrooms, a full bathroom, and the laundry room that adds convenience to complete the upper level. An expansive basement offers additional space for family gatherings and great space to entertain. Basement rooms have a multitude of uses. Must see!!
See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$28,500Expenses
-$5,026Property Taxes
-$6,750Loan Payments
-$21,197Net Cash Flow
-$4,473See 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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Last Updated: 04/21/2024 22:04
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Last Updated: 04/21/2024 22:04