Great cash flowing duplex in Indianapolis
Newly renovated duplex. Nothing left to do but cash flow like crazy. All new roof, windows, paint, bathrooms, electrical and plumbing as well as new water heaters. One unit just signed a 24 month lease on December 1, 2015 through 2017. We have prospects for the other side that are going through qualification now. Home is being professionally managed and can be transferred or kept with same management. Also, able to provide criteria that must be met for a tenant, and provide as much info as possible. Please don't hesitate with any questions.
Dropbox Link : 606-608 Oakland Pictures
Price : $74,900
Rent : $675 per side ($16,200 annually fully occupied)
Taxes : $1,094 Annually
Estimated Maintenance and Vacancy @ 10% : $1,620
Estimated Insurance : $ 1,000
Cash on Cash Return : 16.6%
Call or e-mail with question:
Drew
317-679-0303