Case Study - 1519 E. TABOR

[Jason Malabute]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $42,000
Cash invested: $42,000

In November 2019, we purchased a distressed 2 bed / 1 bath home in Indianapolis for $42,000 cash. It needed updates throughout, including the kitchen, bathrooms, flooring, and lacked AC.

We completed targeted renovations—resurfaced cabinets, installed new AC, updated baths, replaced flooring, and repainted the interior. Rent increased to $825/month, with a projected ARV of $83,000.

This project highlights our value-add rental strategy in the Indianapolis market.