5814 LAKEFIELD DR

INDIANAPOLIS, IN 46254
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3 bd, 3 ba | 1,730 sqft | Built in 1991

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List Price
$283,000

Initial Investment

$77,118

Purchase Price

$283,000

Down Payment

25%

Rent

$1,750

Total Return

$170,361

Annualized Return

25.0%

Cap Rate

4.2%

Gross Yield

7.4%

Cash Flow

-$4,236

Appreciation

11.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,585

HOA

$13/mo

Flood Risk

Not Required

TAKE A LOOK AT ME NOW!!! ALL NEW FLOORING UPSTAIRS AND DOWN. PLUS FRESHLY PAINTED INTERIOR. Water Softener is new and the A/C, Furnace, Water Heater, are newer. The fenced back yard seems to go on forever. Great deck and wonderful space for all your outdoor activities. This house is ready for you to move right in.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$19,950

Expenses

-$3,701

Property Taxes

-$5,100

Loan Payments

-$15,385

Net Cash Flow

-$4,236

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.
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Similar Listings



Listing Courtesy of:Judi Bartley
Agent License RB14028378
Berkshire Hathaway Home
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22031081
Last Updated: 04/12/2025 16:04
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