1146 N Elmer St
South Bend, IN 46628
List Price
$48,000
Initial Investment
$45,395Purchase Price
$44,000
Down Payment
100%
Rent
$645
Total Return
$38,260
Annualized Return
14.9%
Cap Rate
10.2%
Gross Yield
17.6%
Cash Flow
$4,052
Appreciation
7.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
01/01/2019
Lease End
12/31/2020
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
$7,353Expenses
-$2,501Property Taxes
-$800Loan Payments
$0Net Cash Flow
$4,052See more in Financials
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