18794 Prairie Crossing Dr
Noblesville, IN 46062
List Price
$354,900
Initial Investment
$96,710Purchase Price
$354,900
Down Payment
25%
Rent
$2,050
Total Return
$132,996
Annualized Return
17.3%
Cap Rate
3.6%
Gross Yield
6.9%
Cash Flow
-$7,434
Appreciation
8.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,840
HOA
None
Flood Risk
Not Required
POPULAR PRAIRIE CROSSING 4 BEDROOM TWO STORY WITH 2 1/2 BATHS ON A PREMIUM LOT ON THE GOLF COURSE. ALMOST 2500 SQ FT OF LIVING SPACE IN THIS UPDATED HOME WITH MATURE TREES AND LANDSCAPING, THE 4TH BEDROOM IS CURRENTLY USED AS AN ART STUDIO BUT CAN EASILY BE CONVERTED TO BEDROOM. ALL APPLIANCES WILL STAY AND THEY ARE 'AS IS". HVAC REPLACED IN 2012, WINDOWS IN 2021, ROOF IN 2019, FRONT DOOR IN 2021 AND MAIN LEVEL AND MASTER FLOORING WITH LVP IN 2022.GREAT ROOM OPENS TO KITCHEN AND DINING AREA WITH DOOR LEADING OUT TO PATIO AND ENCLOSED GARDEN SPACE. BATHS AND KITCHEN HAVE SOME UPDATES ORIGINAL OWNER IS DOWNSIZING. TOTAL ELECTRIC HOME. SELLER IS PROVIDING A ONE YEAR HOME WARRANTY TO BUYER AT CLOSING. SHOWINGS WILL BEGIN ON FRIDAY, SEPT 27TH.
See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$23,370Expenses
-$4,160Property Taxes
-$7,350Loan Payments
-$19,294Net Cash Flow
-$7,434See 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 #22002179
Last Updated: 09/25/2024 15:09
MLS #22002179
Last Updated: 09/25/2024 15:09