7358 Benoit Dr

Indianapolis, IN 46214
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3 bd, 3 ba | 1,620 sqft | Built in 1984

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List Price
$259,900

Initial Investment

$70,823

Purchase Price

$259,900

Down Payment

25%

Rent

$1,710

Total Return

$116,635

Annualized Return

20.3%

Cap Rate

4.2%

Gross Yield

7.9%

Cash Flow

-$3,936

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

15,464

HOA

$17/mo

Flood Risk

Not Required

WOW! Glorious! Amazing! Completely renovated 3 bed and 2 and half bath home in popular quiet WEST WOOD community. Great neighborhood location and proximity to everything one needs! Spacious floor plan. Fresh neutral paint inside and outside. Beautiful luxury vinyl flooring in main level, and new carpet in upper level. Stunning kitchen area with new cabinets with new Granite countertops and new stainless-steel appliances with built in microwave. Upgraded bathrooms with tiles in both showers. Huge backyard with beautiful freshly painted deck - you can sit on to enjoy the nice cool summer breeze. Perfect for family gathering or entertaining. Easy access to I-465, downtown, restaurants and shopping- all for an outstanding price! MUST SEE!

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

Annual Financial Highlights

Expected Rent

$19,494

Expenses

-$3,670

Property Taxes

-$5,630

Loan Payments

-$14,130

Net Cash Flow

-$3,936

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:Randy Placencia
Agent License RB14045562
Red Bridge Real Estate
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22019326
Last Updated: 01/25/2025 01:01
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