7302 Graham Rd

Indianapolis, IN 46250
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3 bd, 2 ba | 3,048 sqft | Built in 1966

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List Price
$388,900

Initial Investment

$105,975

Purchase Price

$388,900

Down Payment

25%

Rent

$1,950

Total Return

$180,542

Annualized Return

20.0%

Cap Rate

3.2%

Gross Yield

6.0%

Cash Flow

-$9,720

Appreciation

10.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,979

HOA

None

Flood Risk

Not Required

Welcome to meticulously maintained 7302 Graham Road, where comfort, convenience, and charm converge! Upon entering this delightful brick split-level home, you'll immediately feel welcomed by its light-filled and inviting atmosphere. The main level features an updated kitchen, equipped with modern appliances and adjoining cozy breakfast room. Adjacent to the kitchen are the comfy living and dining rooms that provide an ideal space for relaxation and entertainment. Featuring three bedrooms on the upper level and there are additional living spaces on the lower level, including the family room with wood burning fireplace, and home office or potential for a 4th bedroom. Whether you require a home office, guest room, or hobby space, this layout provides versatility and adaptability to accommodate your unique needs. The home also features lots of storage space, two mini barns on the property, and a recently installed concrete driveway that enhances the property's appeal. Conveniently located near excellent schools.

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

Annual Financial Highlights

Expected Rent

$22,230

Expenses

-$3,957

Property Taxes

-$6,850

Loan Payments

-$21,143

Net Cash Flow

-$9,720

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:Nancee Dowler
F.C. Tucker Company
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21970293
Last Updated: 04/26/2024 13:04
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