8937 Summer Walk Dr E

Indianapolis, IN 46227
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3 bd, 1.5 ba | 1,225 sqft | Built in 1988

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List Price
$150,000

Initial Investment

$41,704

Purchase Price

$149,000

Down Payment

25%

Rent

$1,294

Total Return

$100,397

Annualized Return

27.7%

Cap Rate

5.7%

Gross Yield

10.4%

Cash Flow

-$386

Appreciation

11.3%
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Features

Occupancy

Occupied

Lease Start

02/01/2019

Lease End

01/31/2022

Lot Size

5,140

HOA

None

Flood Risk

Not Required

  • Leased through 1/31/21 at above market rent
  • Longer term tenant with excellent payment history
  • Close to shopping and restaruants
  • 3-star neighborhood
  • Get more insight into this market here

See more in Analysis

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Annual Financial Highlights

Expected Rent

$14,752

Expenses

-$3,637

Property Taxes

-$3,400

Loan Payments

-$8,100

Net Cash Flow

-$386

See more in Financials

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