1448 Plank Rd

Jeffersonville, IN 47130
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2 bd, 1 ba | 832 sqft | Built in 1942

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List Price
$109,900

Initial Investment

$29,948

Purchase Price

$109,900

Down Payment

25%

Rent

$995

Total Return

$57,671

Annualized Return

24.6%

Cap Rate

6.5%

Gross Yield

10.9%

Cash Flow

$572

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

04/24/2022

Lease End

-

Lot Size

7,840

HOA

None

Flood Risk

Not Required

  • Cute 2 bedroom, 1 bathroom home located in Jeffersonville, IN.
  • Less than 5 miles from downtown Louisville, KY!
  • Tenant in place.
  • Rent is $995/ month.
  • Seller financing is available with 30% down payment!! Offered rate will be 8.9%.
  • Get more insight into this market here

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$11,343

Expenses

-$2,897

Property Taxes

-$1,900

Loan Payments

-$5,975

Net Cash Flow

$572

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