5814 Villa Ave
Indianapolis, IN 46227
List Price
$189,900
Initial Investment
$51,748Purchase Price
$189,900
Down Payment
25%
Rent
$1,080
Total Return
$107,634
Annualized Return
23.1%
Cap Rate
3.3%
Gross Yield
6.8%
Cash Flow
-$4,583
Appreciation
11.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,492
HOA
None
Flood Risk
Not Required
You don't want to miss this cozy Southport Ranch Home offers a spacious 1 car garage, and full basement for all of your storage and project needs! The spacious living room does have a stone wood burning fireplace but the chimney was capped previously and is for asthetics only. This home is a 3 bedroom, however the previous owner added laundry hook-ups into the 3rd bedroom. That room is used as a laundry and office space, but could easily be converted if a 3rd room is needed! This home has 1 full bath with a nice size newer walk in shower. The previous owner placed a half bath into a small room. It is very small but could be functional! The Eat in kitchen has lots of natural light! The seller has updated the exterior paint on siding and trim.
See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$12,312Expenses
-$2,192Property Taxes
-$4,380Loan Payments
-$10,324Net Cash Flow
-$4,583See 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 #21992626
Last Updated: 07/26/2024 13:07
MLS #21992626
Last Updated: 07/26/2024 13:07