3633 Polk St

Gary, IN 46408
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2 bd, 1 ba | 910 sqft | Built in 1946

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List Price
$68,000

Initial Investment

$17,713

Purchase Price

$65,000

Down Payment

25%

Rent

$850

Total Return

$44,272

Annualized Return

31.5%

Cap Rate

8.9%

Gross Yield

15.7%

Cash Flow

$1,662

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

04/01/2019

Lease End

03/01/2020

Lot Size

4,792

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,994

Property Taxes

-$1,500

Loan Payments

-$3,534

Net Cash Flow

$1,662

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