7811 Belmac Ln

Camby, IN 46113
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4 bd, 3 ba | 2,054 sqft | Built in 2016

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List Price
$249,900

Initial Investment

$68,098

Purchase Price

$249,900

Down Payment

25%

Rent

$1,760

Total Return

$144,231

Annualized Return

25.0%

Cap Rate

5.0%

Gross Yield

8.5%

Cash Flow

-$1,623

Appreciation

10.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,922

HOA

$28/mo

Flood Risk

Not Required

One owner Pyatt built home in the heart of Camby. The home features 4 bedrooms, 2+ bathrooms, 2 downstairs living areas, a breakfast/dining room, and a loft. There is a fully fenced backyard and front porch to enjoy this quiet neighborhood. Just minutes from shopping, close to the airport, and 20 minutes to downtown Indy.

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$20,064

Expenses

-$3,601

Property Taxes

-$4,500

Loan Payments

-$13,586

Net Cash Flow

-$1,623

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:Michael Price
Agent License RB14047065
RE/MAX Centerstone
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21968585
Last Updated: 03/19/2024 05:03
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