916 Whidbey Ct
Indianapolis, IN 46229
List Price
$190,000
Initial Investment
$49,050Purchase Price
$180,000
Down Payment
25%
Rent
$1,623
Total Return
$121,070
Annualized Return
29.0%
Cap Rate
6.4%
Gross Yield
10.8%
Cash Flow
$1,052
Appreciation
10.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lease Up Guarantee
Yes
Lot Size
8,712
HOA
None
Flood Risk
Not Required
Welcome home to this beautiful brick property. This home is boasting with character and charm. When you enter the home, you are greeted with a big open concept. The ceilings are high giving this home an even bigger feel. This home is neatly positioned on a cul-de-sac. The exquisite kitchen opens up to the living with a huge island great for entertaining or interacting with the family while cooking. This home has a huge backyard and enclosed patio for your outside entertainment. This ranch-style retreat will be perfect to raise a family in or someone looking to retire. Most of all this home will be great for investors looking to add to their portfolio. This home is an absolute must see! NO HOA
See more in Analysis
Paul Linn
Ferris Property Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$18,497Expenses
-$4,410Property Taxes
-$3,249Loan Payments
-$9,786Net Cash Flow
$1,052See 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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Last Updated: 10/06/2022 05:10
MLS #21885823
Last Updated: 10/06/2022 05:10