724 E Beecher St

Indianapolis, IN 46203
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2 bd, 1 ba | 1,230 sqft | Built in 1910

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List Price
$100,000

Initial Investment

$27,250

Purchase Price

$100,000

Down Payment

25%

Rent

$1,520

Total Return

$78,755

Annualized Return

37.8%

Cap Rate

11.4%

Gross Yield

18.2%

Cash Flow

$5,053

Appreciation

8.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,659

HOA

None

Flood Risk

Not Required

Great investment opportunity for this 2 bead 1 bath ranch home in the desirable Bates - Hendricks area. Recent updates include new roof, electrical, flooring, plumbing, paint, windows, bathroom and kitchen upgrade. With your final touches this home would make a great single family home or rental property. Showings start 09-25-2024

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

$17,328

Expenses

-$4,859

Property Taxes

-$1,980

Loan Payments

-$5,437

Net Cash Flow

$5,053

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:Justin Wade
Agent License RB18001552
AMR Real Estate LLC
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22003167
Last Updated: 09/24/2024 10:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.