212 E Mishawaka Ave

Mishawaka, IN 46545
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4 bd, 2 ba | 1,716 sqft | Built in 1885

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List Price
$105,900

Initial Investment

$27,448

Purchase Price

$99,000

Down Payment

25%

Rent

$1,165

Total Return

$57,775

Annualized Return

27.4%

Cap Rate

7.8%

Gross Yield

14.1%

Cash Flow

$1,723

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

03/01/2019

Lease End

02/28/2021

Property Type

Duplex

Lot Size

5,662

HOA

None

Flood Risk

Not Required

  • This property is located in a county that may require a water inspection at buyer’s expense
  • Pet fee, stove & fridge fee included in monthly rent of $45

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Annual Financial Highlights

Expected Rent

$13,281

Expenses

-$3,876

Property Taxes

-$2,300

Loan Payments

-$5,382

Net Cash Flow

$1,723

See more in Financials

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