Reduced Indiana Turnkey Rentals (Cap rates 10-16%)

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Reduced Indiana Turnkey Rentals (Cap rates 10-16%)

Indianapolis, IN · Member since 2012 · 63 posts · 5 votes

I'm selling my Indiana rentals.  Prices have been reduced to sell quickly. Buy one, or buy them as a package. The houses are in good condition and cash flowing with cap rates > 10%.  I can refer my property manager if needed.

Address Asking Rented Cap Rate Size Notes
310 S Vine St, Indianapolis, IN 46241 $ 42,900 $ 685 16% 2 beds 2 baths 1,040 sqft brand new roof, recently updated, currently vacant
639 S Biltmore Ave, Indianapolis, IN 46241 $ 49,900 $ 750 16% 3 beds 1 bath 858 sqft recently updated
5133 W Naomi St, Indianapolis, IN 46241 $ 54,900 $ 815 15% 3 beds 1 bath 1,500 sqft recently updated
1223 Elmhurst Dr,Indianapolis, IN 46219 $ 109,900 $ 1,200 10% 4 beds 2 baths 1,866 sqft recently updated
4819 West Raymond St, IN 46241 $ 64,900 $ 950 14% 4 beds 1 bath 1,700 sqft recently updated
1781 N Post Rd, Indianapolis $ 109,900 $ 1,100 10% 4 beds 2 baths 1,593 sqft recently updated, currently vacant

Message me today at 646-215-1487!

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  • Rental Property Investor · Denver, CO · Member since 2015 · 154 posts · 266 votes
    9y

    @Chris M. Seller financing? 

    What are total yearly taxes for the properties? Annual expenses with PM? 

  • Indianapolis, IN · Member since 2012 · 63 posts · 5 votes
    9y

    Taxes are capped at 2% of the assessed value in Indiana.  I could refer a PM that charges 10%.

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