Updated over 9 years ago on .
Indianapolis Duplex - 20% NET return - Rented, Rehabbed, Turnkey!
1 Year Leases at $625 started in March 2016. Fully Rehabbed, all construction pics in dropbox link.
Purchase Price: $60,000
Rental Income: $15,000
PM (10%): $1500 (Management is in place and has 6% vacancy rate across 350 properties)
Taxes: $0 (1st year already paid, 2nd year $400
Insurance: $600
Maintenance: $500 (may not be this high as just rehabbed but just in case)
Total Net: $12,000 (factoring 2nd year taxes)
Cash on Cash Return: 20%
My contact info: Cell: 269-369-9654, Email: [email protected]
Rehab Construction pics: https://www.dropbox.com/sh/2ypstoeuhet2wjr/AAA8Mad...
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