4428 Washington St

Gary, IN 46408
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3 bd, 1 ba | 1,088 sqft | Built in 1927

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List Price
$50,000

Initial Investment

$12,263

Purchase Price

$45,000

Down Payment

25%

Rent

$725

Total Return

$34,858

Annualized Return

36.4%

Cap Rate

10.9%

Gross Yield

19.3%

Cash Flow

$1,943

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

09/01/2017

Lease End

08/31/2018

Lot Size

5,706

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,975

Property Taxes

-$900

Loan Payments

-$2,446

Net Cash Flow

$1,943

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