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56
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6
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Karen Schnabel
  • Indianapolis, IN
6
Votes |
56
Posts

*SOLD* Get 37% ROI on this Duplex

Karen Schnabel
  • Indianapolis, IN
Posted

Large, 2464 sqft 3 bedroom per unit duplex will maximize your investment dollars. It’s in a desirable neighborhood and will be a wonderful addition to your rental portfolio.

32-34 Jenny Lane, Indianapolis, IN 46201

Basics:

Beds: 6

Baths: 2

Sqft: 2,436

Expenses:

Sales Price: 90,000.00

Monthly Rent: 1,500.00

Estimated Taxes: 759.00 Yr

Estimated Insurance: 1,217.00 Yr

Management Fee: 1,800.00 Yr

Maintenance: 1,440.00 Yr

Cash Purchase:

Cash Flow: $1,065.33 Mo.

Return on cash investment: 14.20%

Leveraged Purchase:

Estimate Monthly Payment: $362.35

Cash Flow: $702.98 Mo.

Return on leveraged “cash on cash” with 25% down 37.49%

Call Karen 317-572-9000 | [email protected]

To view this or other OFF MARKET investment properties click here

NEU REAL ESTATE GROUP

Offering

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