5320 W Hill Dr
Indianapolis, IN 46226
List Price
$89,800
Initial Investment
$24,418Purchase Price
$88,800
Down Payment
25%
Rent
$950
Total Return
$48,760
Annualized Return
26.3%
Cap Rate
7.7%
Gross Yield
12.8%
Cash Flow
$1,356
Appreciation
8.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Move-in (within 30 days)
Lease Start
12/15/2018
Lease End
12/31/2020
Lot Size
5,488
HOA
None
Flood Risk
Not Required
- Recently renovated with over $2k invested
- Attractively priced below $90k, hard to find 7.66 cap 3-star neighborhood
- Walking distance to schools, all within 0.5 mil to the house
- Less than 5 min drive to Fort Harrison State Park and golf course
- Easy access to US-36 and I-465, only 15 min to downtown Indianapolis
- Just 10 min away from retail and supermarkets: Walmart, Kroger, Kohl’s and Starbucks.
See more in Analysis
Annual Financial Highlights
Expected Rent
$10,830Expenses
-$3,046Property Taxes
-$1,600Loan Payments
-$4,828Net Cash Flow
$1,356See more in Financials
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