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137
Posts
40
Votes
William Hull
  • Wholesaler
  • Indianapolis, IN
40
Votes |
137
Posts

1119 N Kealing Ave, Indianapolis, IN 46201

William Hull
  • Wholesaler
  • Indianapolis, IN
Posted

ANALYSIS SUMMARY*

Annual ROI*: 39% Gross ROI 27% Net ROI

Square Feet: 1,739

Bedrooms: 3

Bathrooms: 1

Notes: Great 3/1 on Quiet Street in Brookside Park Area. Brookside Park area is seeing a huge turn around with lots of rehabs and improvements going on. The city has invested a lot of money in this area and comps and rents are on the rise! Great future appreciation with this property! You could easily add a 4th bedroom upstairs with all the space. Beautiful hardwoods! Newer roof, 2 car garage and privacy fence, 100 amp electric, older furnace and water heater (but they work) and wood windows with storm windows. House is now vacant with lock box on it. Please contact us to see the inside.

VALUATION ANALYSIS*

Pricing: $22,500

Assessed Value: $48,534

Estimated Repairs**: $25,000

ARV: $75,000

Annual Taxes @ 2%**: $728

MONTHLY CASH FLOW ANALYSIS*

Proj. Monthly Rent: $725

Monthly Taxes: $

Management @ 10%: $73

Est. Monthly Insurance 456 YR: $38

7% Vacancy: $51

7% Maintenance: $51

Net Monthly Cash Flow: $513

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