114 Bastogne Ave

Mishawaka, IN 46545
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3 bd, 1 ba | 1,170 sqft | Built in 1954

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List Price
$89,900

Initial Investment

$25,052

Purchase Price

$83,488

Down Payment

25%

Rent

$850

Total Return

$42,314

Annualized Return

22.6%

Cap Rate

6.9%

Gross Yield

12.2%

Cash Flow

$605

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

06/06/2019

Lease End

06/30/2021

Lot Size

11,326

HOA

None

Flood Risk

Not Required

  • This property is located in a county that may require a water inspection at buyer’s expense
  • 3.5-star neighborhood
  • Walking distance to Norman Heights Park
  • Quiet tree lined street

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,747

Property Taxes

-$1,800

Loan Payments

-$4,539

Net Cash Flow

$605

See more in Financials

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