322 N Forest Ave
Indianapolis, IN 46201
List Price
$335,000
Initial Investment
$91,288Purchase Price
$335,000
Down Payment
25%
Rent
$1,410
Total Return
$173,164
Annualized Return
21.0%
Cap Rate
2.3%
Gross Yield
5.1%
Cash Flow
-$11,050
Appreciation
11.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,485
HOA
None
Flood Risk
Not Required
Stunning Updated Home! This beautifully designed 4-bedroom, 2.5-bath residence offers meticulous attention to detail throughout. The main level primary suite features a luxurious walk-in shower with a Vigo high-tech shower system, infinity drain, incredible custom tile, dual vanity and wall-mounted stool. The sunlit kitchen boasts two skylights, 42" shaker cabinets, a deep farmer's sink, quartz countertops, a full-size EdgeStar wine fridge, tile backsplash, stainless steel appliances, and range hood. Adore the open concept living and dining area perfect for family and entertaining. Enjoy the convenience of main floor laundry, a fenced backyard ideal for kids or pets, and ample off-street parking.
See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254
Annual Financial Highlights
Expected Rent
$16,074Expenses
-$2,861Property Taxes
-$6,050Loan Payments
-$18,212Net Cash Flow
-$11,050See 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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IN Brokerage License RC5160181
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SourceMIBOR REALTOR® Association
MLS #21988162
Last Updated: 07/18/2024 22:07
MLS #21988162
Last Updated: 07/18/2024 22:07