11447 Arches Dr

Indianapolis, IN 46235
image0

3 bd, 3 ba | 2,391 sqft | Built in 2008

slider image
slider image
slider image
List Price
$265,000

Initial Investment

$72,213

Purchase Price

$265,000

Down Payment

25%

Rent

$1,820

Total Return

$128,988

Annualized Return

21.9%

Cap Rate

4.7%

Gross Yield

8.2%

Cash Flow

-$2,714

Appreciation

9.1%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,793

HOA

$25/mo

Flood Risk

Not Required

This 3 bedroom w/ loft, 2.5 bathroom home offers a perfect blend of comfort, style, and functionality. With almost 2,400 sq ft. of living space, this home boasts of a spacious open floor plan. There is a luxurious HUGE master suite with walk-in closet to die for! The backyard backs up to a neighborhood walking trail. Additional features include a two-car garage and proximity to schools, shopping, and dining. Don't miss this opportunity to make this exceptional house your new home!

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$20,748

Expenses

-$3,995

Property Taxes

-$5,060

Loan Payments

-$14,407

Net Cash Flow

-$2,714

See 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.

Similar Listings



Listing Courtesy of:Rebecca Gluff
Agent License RB14039511
Keller Williams Indy Metro S
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #21991673
Last Updated: 07/26/2024 19:07
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.