All Forum Posts by: Steve Lawson

$68,000 Purchase Price
$11,400 Rent ($950/month)
16.76% GROSS RETURN

- $600 Insurance
- $1,108 Taxes
- $1,140 Management
= $8,556 ANNUAL NET CASH FLOW (12.58%)

-$1,710 Maintenance & Vacancy
= $6,840 ESTIMATED NET RETURN (10.06%)

Please visit http://p.reiblackbook.com/103733 or contact us at 317-446-6026 for more info.

8243 E 48th St Indianapolis, Indiana 46266

$50,000 Purchase Price or MAKE AN OFFER!

$9,600 Rent: ($800/month)

19.2% GROSS RETURN

-$600 Insurance
-888 Taxes

-$960 Management

=$7,152 ANNUAL NET CASH FLOW (14.3%)

-$1,440 Maintenance & Vacancy Estimate
= $5,172 ESTIMATED NET RETURN (11.42%)

Please visit http://p.reiblackbook.com/103258 or contact us at 317-446-6026 for more information.

Hi @Jessica S.

Every market has good areas and bad ones, we just have to sort out which ones produce the results that we're looking to get. I've been in the Indianapolis and surrounding areas for over 15 years and we typically sell 10 properties a month. I can chat with you briefly and answer any questions you have, just let me know.

Best,

Steve Lawson

Warren Township Rental

8202 Crousore Rd Indianapolis, Indiana 46219

$50,000 Purchase Price or MAKE AN OFFER!
$9,540 Rent: ($795/month)

19.08% GROSS RETURN

-$600 Insurance
-$972 Taxes

-$960 Management

= $7,008 ANNUAL NET CASH FLOW (14.02%)

$1,431 Maintenance & Vacancy

=$5,577 ESTIMATED NET RETURN (11.15%)

Please visit http://p.reiblackbook.com/103231 contact us at 317-446-6026 for more information.

Earn a 30% cash-on-cash return with this solid brick home. It should provide low-maintenance income in an area with high rental demand. Nearby comps go from "similar" to "super."

PRICE: $49,000 or MAKE AN OFFER!

Rent: $775
Insurance: $50
Taxes: $75
Management: $78
Maintenance & Vacancy: $116

Visit https://p.reiblackbook.com/100805 or call 317-446-6026 for more info.

@Brenda Harper

I deal exclusively in the Indianapolis and surrounding areas and have been doing so for the past 15 years. I'd be glad to answer any questions you may have about the Indy area or suburbs in regards to rentals and turnkeys. Get a hold of me by email or phone and I'd be happy to help out.

Best
Steve Lawson

Cute Rental That's Easy to Rent

This cute property just south of Historic Irvington has a solid return and is easy to rent. Not only does it have a nice interior, but it has a two car garage and sits on two lots so it has extra room for kids or pets. Property includes a one year warranty. Rehab being completed now!

see Proforma Below:

PRICE: $45,000

Rent: $725
Insurance: $50
Taxes: $80
Management: $73
Maintenance & Vacancy: $109

Please visit http://p.reiblackbook.com/100832 or call 317-446-6026 for more info.

8243 E 48th St Indianapolis, Indiana 46266

See Proforma Below:

$50,000 Purchase Price or MAKE AN OFFER!
$9,600 Rent: ($800/month)

19.2% GROSS RETURN

-$600 Insurance
-888 Taxes

-$960 Management

=$7,152 ANNUAL NET CASH FLOW (14.3%)

-$1,440 Maintenance & Vacancy Estimate
= $5,172 ESTIMATED NET RETURN (11.42%)

Please visit http://p.reiblackbook.com/103258 or contact us at 317-446-6026 for more information.

This recently-rehabbed home is in great shape and makes a great rental property for you. Should have a tenant in place before you can close.

see Proforma Below:

PRICE: $49,000 or MAKE AN OFFER!

Rent: $750
Insurance: $50
Taxes: $55
Management: $75
Maintenance & Vacancy: $113

Visit https://p.reiblackbook.com/100820 or call 317-446-6026 for more info.

 Indianapolis, Indiana 46219

See Proforma Below:

$50,000 Purchase Price or MAKE AN OFFER!
$9,540 Rent: ($795/month)

19.08% GROSS RETURN

-$600 Insurance
-$972 Taxes

-$960 Management

= $7,008 ANNUAL NET CASH FLOW (14.02%)

$1,431 Maintenance & Vacancy

=$5,577 ESTIMATED NET RETURN (11.15%)

Please visit http://p.reiblackbook.com/103231 contact us at 317-446-6026 for more information.