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Karen Schnabel
  • Indianapolis, IN
6
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56
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*SOLD* An Amazing 40% ROI is Available

Karen Schnabel
  • Indianapolis, IN
Posted Jul 8 2016, 09:11

Desirable location for many wanting to live downtown. This duplex will attract renters once complete. Listed price is ARV.

713-715 N Grant Ave., Indianapolis, IN 46201

Basics:

Beds: 2

Baths: 2

Sqft: 1,378

Expenses:

Sales Price: 59,900.00

Monthly Rent: 1,100.00

Estimated Taxes: 975.00 Yr

Estimated Insurance: 856.00 Yr

Management Fee: 1,320.00 Yr

Maintenance: 1,056.00 Yr

Cash Purchase:

Cash Flow: $749.42 Mo.

Return on cash investment: 15.01%

Leveraged Purchase:

Estimate Monthly Payment: $241.17

Cash Flow: $508.25 Mo.

Return on leveraged “cash on cash” with 25% down 40.73%

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

To view this or other OFF MARKET investment properties go to http://www.neurealestategroup.com/neu-real-estate-group-off-market-listings/713-715-n-grant-ave/

NEU REAL ESTATE GROUP

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