1142 N Elmer St
South Bend, IN 46628
List Price
$56,000
Initial Investment
$53,275Purchase Price
$52,000
Down Payment
100%
Rent
$575
Total Return
$40,529
Annualized Return
13.4%
Cap Rate
8.1%
Gross Yield
13.3%
Cash Flow
$3,835
Appreciation
7.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
03/01/2019
Lease End
02/28/2021
Lot Size
5,227
HOA
None
Flood Risk
Not Required
- Appliance rental fee included in monthly rent of $50.00 for stove and refrigerator
- This property is located in a county that may require a water inspection at buyer’s expense
See more in Analysis
Annual Financial Highlights
Expected Rent
$6,555Expenses
-$1,920Property Taxes
-$800Loan Payments
$0Net Cash Flow
$3,835See more in Financials
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