1119 N Kealing Ave, Indianapolis, IN 46201
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
