719 N Bazil Ave

Indianapolis, IN 46219
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3 bd, 1 ba | 912 sqft | Built in 1952

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List Price
$93,950

Initial Investment

$25,601

Purchase Price

$93,950

Down Payment

25%

Rent

$933

Total Return

$72,205

Annualized Return

32.7%

Cap Rate

7.6%

Gross Yield

11.9%

Cash Flow

$1,462

Appreciation

11.2%
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Features

Occupancy

Occupied

Lease Start

10/05/2018

Lease End

10/30/2020

Lot Size

8,494

HOA

None

Flood Risk

Not Required

  • Newly renovated by the owner with $10K invested, brand new carpet, newly painted interior and exterior
  • Minutes away from I-465 and I-70, 15 min to downtown Indianapolis
  • Retail center just next door, Washington Square mall is only 2 miles away
  • Close to local schools

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$10,636

Expenses

-$2,767

Property Taxes

-$1,300

Loan Payments

-$5,108

Net Cash Flow

$1,462

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