10893 Cannonade Ct
Indianapolis, IN 46234
List Price
$295,900
Initial Investment
$80,633Purchase Price
$295,900
Down Payment
25%
Rent
$1,920
Total Return
$151,373
Annualized Return
23.3%
Cap Rate
5.3%
Gross Yield
7.8%
Cash Flow
-$1,315
Appreciation
9.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
12,632
HOA
$42/mo
Flood Risk
Not Required
Perfect 4 Bedroom on a nice lot in a family neighborhood with pool, playground & close the B & O trail. Home features over 2,000 sq. ft. of living space, large open great rm w/gas fireplace, & cathedral ceilings. Kitchen has all appliances, light maple cabs, & is open to the breakfast room. All bedrooms are on the main level w/ a large master suite featuring double sinks, garden tub, step-in shower, walk-in closet. All this plus a 20x12 loft that could be used as a bedroom/office/playroom. Spacious fenced backyard with a sun-shaded patio, play area, and mini barn.
See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254
Annual Financial Highlights
Expected Rent
$21,888Expenses
-$4,396Property Taxes
-$2,720Loan Payments
-$16,087Net Cash Flow
-$1,315See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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SourceMIBOR REALTOR® Association
MLS #22026478
Last Updated: 03/14/2025 18:03
MLS #22026478
Last Updated: 03/14/2025 18:03