64 N 7th Ave

Beech Grove, IN 46107
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2 bd, 1 ba | 928 sqft | Built in 1913

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List Price
$83,600

Initial Investment

$21,980

Purchase Price

$80,000

Down Payment

25%

Rent

$875

Total Return

$72,850

Annualized Return

35.4%

Cap Rate

7.3%

Gross Yield

13.1%

Cash Flow

$902

Appreciation

13.4%
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Features

Occupancy

Vacant

Lot Size

5,053

HOA

None

Flood Risk

Not Required

  • Newly renovated with over $12k invested on exterior and interior of the property
  • New windows and fresh paint throughout
  • Walking distance to local schools and blocks away from Beech Grove town center
  • Easy commute to downtown Indianapolis both via highway or public transportation

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Annual Financial Highlights

Expected Rent

$9,975

Expenses

-$2,824

Property Taxes

-$1,900

Loan Payments

-$4,349

Net Cash Flow

$902

See more in Financials

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