8515 New Field Cir

Indianapolis, IN 46231
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4 bd, 1.5 ba | 1,156 sqft | Built in 1983

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List Price
$115,900

Initial Investment

$31,583

Purchase Price

$115,900

Down Payment

25%

Rent

$1,195

Total Return

$65,779

Annualized Return

27.0%

Cap Rate

7.5%

Gross Yield

12.4%

Cash Flow

$1,765

Appreciation

8.3%
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Features

Occupancy

Occupied

Lease Start

12/28/2018

Lease End

12/31/2019

Lot Size

9,670

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,623

Expenses

-$3,557

Property Taxes

-$2,000

Loan Payments

-$6,301

Net Cash Flow

$1,765

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