8852 Alto Way
Indianapolis, IN 46231
List Price
$360,000
Initial Investment
$98,100Purchase Price
$360,000
Down Payment
25%
Rent
$2,030
Total Return
$132,808
Annualized Return
17.0%
Cap Rate
3.5%
Gross Yield
6.8%
Cash Flow
-$8,004
Appreciation
8.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
9,365
HOA
$25/mo
Flood Risk
Not Required
WELCOME HOME! To this spacious 4 bedroom/2.5 bath home in the desired Berkshire community. Boasting over 3000sq ft with a huge loft and an abundance of living space. Large primary ensuite includes double vanity, garden tub and tiled shower. Updates throughout including fresh paint, water softener, dishwasher & garage door. Enjoy the peace of mind that comes with a new roof completed in 2020. The open family room with fireplace and large backyard are perfect for play and entertaining. Located just minutes from the airport, Avon Commons and incredibly convenient to interstate access. Truly the perfect move-in ready home just in time for spring!
See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254
Annual Financial Highlights
Expected Rent
$23,142Expenses
-$4,424Property Taxes
-$7,150Loan Payments
-$19,571Net Cash Flow
-$8,004See 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:Kassidy McCowan
Weichert REALTORS® Cooper Group Indy
Weichert REALTORS® Cooper Group Indy
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21970933
Last Updated: 04/04/2024 18:04
MLS #21970933
Last Updated: 04/04/2024 18:04