541 Burr St

Gary, IN 46406
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2 bd, 1 ba | 760 sqft | Built in 1947

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List Price
$50,000

Initial Investment

$50,910

Purchase Price

$50,000

Down Payment

100%

Rent

$800

Total Return

$51,178

Annualized Return

17.3%

Cap Rate

11.3%

Gross Yield

19.2%

Cash Flow

$5,106

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

10/04/2019

Lease End

10/04/2020

Lot Size

4,879

HOA

None

Flood Risk

Not Required

  • Water heater recently replaced in Sept 2019

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$3,114

Property Taxes

-$900

Loan Payments

$0

Net Cash Flow

$5,106

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