6101 Glen Dr

Merrillville, IN 46410
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2 bd, 2 ba | 1,296 sqft | Built in 1940

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List Price
$150,000

Initial Investment

$38,286

Purchase Price

$140,500

Down Payment

25%

Rent

$1,300

Total Return

$106,304

Annualized Return

31.0%

Cap Rate

6.3%

Gross Yield

11.1%

Cash Flow

$481

Appreciation

11.9%
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Features

Occupancy

Occupied

Lease Start

04/01/2021

Lease End

03/31/2022

Lot Size

13,939

HOA

None

Flood Risk

Not Required

  • Leased up-to March 2022
  • Get more insight into this market here

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$3,801

Property Taxes

-$2,900

Loan Payments

-$7,638

Net Cash Flow

$481

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