6543 E Watson Rd

Mooresville, IN 46158
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3 bd, 3 ba | 2,814 sqft | Built in 2003

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List Price
$449,900

Initial Investment

$122,598

Purchase Price

$449,900

Down Payment

25%

Rent

$2,710

Total Return

$217,402

Annualized Return

22.1%

Cap Rate

5.0%

Gross Yield

7.2%

Cash Flow

-$3,114

Appreciation

8.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

45,738

HOA

None

Flood Risk

Not Required

Welcome to this stunning custom-built brick ranch home with a loft, crafted in 2003. It is situated on 1.05-acre lot and offers the perfect blend of rural tranquility and modern convenience, located in a highly desired area with easy access to shopping and the interstate. This beautiful home features 3 bedrooms, 2.5 bathrooms, a split floor plan with a spacious loft that can serve as a 4th bedroom or recreational area. The attached 2-car garage provides ample space for your vehicles and storage needs. The brick exterior exudes timeless charm, while the covered front porch offers a perfect spot to relax and enjoy the serene surroundings. Inside, you'll find beautiful elevated ceilings and large rooms great for entertaining. The well-appointed kitchen will make meal preparation a joy & the cozy living areas are perfect for creating lasting memories. The property is free from HOA fees, allowing you to enjoy the freedom of the loose covenants and restrictions. The concrete driveway is spacious and durable and the recent landscape refresh ensures the grounds are beautifully maintained. Don't miss the opportunity to make this exceptional property your new home. Schedule a showing today and experience the charm and comfort of this stunning home for yourself!

See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$30,894

Expenses

-$5,499

Property Taxes

-$4,050

Loan Payments

-$24,459

Net Cash Flow

-$3,114

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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Listing Courtesy of:Lorie Blythe
Agent License RB18001966
The Stewart Home Group
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #21991742
Last Updated: 07/25/2024 13:07
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