50771 Michigan Rd
South Bend, IN 46637
List Price
$72,427
Initial Investment
$71,789Purchase Price
$70,000
Down Payment
100%
Rent
$765
Total Return
$53,989
Annualized Return
13.1%
Cap Rate
7.3%
Gross Yield
13.1%
Cash Flow
$4,571
Appreciation
8.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
11/01/2019
Lease End
10/31/2020
Lot Size
9,583
HOA
None
Flood Risk
Not Required
- 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
$8,721Expenses
-$2,550Property Taxes
-$1,600Loan Payments
$0Net Cash Flow
$4,571See more in Financials
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