5000 Stone Ave

Portage, IN 46368
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3 bd, 1.5 ba | 1,229 sqft | Built in 1890

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List Price
$109,500

Initial Investment

$28,068

Purchase Price

$103,000

Down Payment

25%

Rent

$1,025

Total Return

$51,979

Annualized Return

25.1%

Cap Rate

7.6%

Gross Yield

11.9%

Cash Flow

$1,612

Appreciation

7.4%
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Features

Occupancy

Occupied

Lease Start

05/20/2019

Lease End

05/19/2020

Lot Size

12,314

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$11,685

Expenses

-$3,073

Property Taxes

-$1,400

Loan Payments

-$5,600

Net Cash Flow

$1,612

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