2115 S Scott St

South Bend, IN 46613
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4 bd, 1 ba | 1,080 sqft | Built in 1944

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List Price
$71,500

Initial Investment

$20,427

Purchase Price

$71,500

Down Payment

25%

Rent

$670

Total Return

$37,611

Annualized Return

24.1%

Cap Rate

6.9%

Gross Yield

11.2%

Cash Flow

$583

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

06/01/2019

Lease End

05/31/2021

Lot Size

5,663

HOA

None

Flood Risk

Not Required


MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$7,638

Expenses

-$2,168

Property Taxes

-$1,000

Loan Payments

-$3,887

Net Cash Flow

$583

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