88 S Biltmore Ave
Indianapolis, IN 46241
List Price
$204,900
Initial Investment
$55,835Purchase Price
$204,900
Down Payment
25%
Rent
$1,400
Total Return
$101,709
Annualized Return
22.4%
Cap Rate
4.9%
Gross Yield
8.2%
Cash Flow
-$1,720
Appreciation
9.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
33,541
HOA
None
Flood Risk
Not Required
Bedford Stone 3 bedroom home with 1.5 baths, 1410 sq. ft., 2 car attached garage, on a corner lot with mature trees consisting of 0.77 acres. Features include a concrete driveway, 10'x12' screened porch, 24' x 11.5' carport plus a 19' x 11.5' metal shed. Home has an updated (2019) gas furnace and a/c. Home has municipal gas & water and private septic system. Bedrooms, hallway & living room have carpet over hardwood.
See more in Analysis
Paul Linn
Best Life Realty Group
IN Agent License #RB14045492
Annual Financial Highlights
Expected Rent
$15,960Expenses
-$2,841Property Taxes
-$3,700Loan Payments
-$11,139Net Cash Flow
-$1,720See 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 #21992754
Last Updated: 07/26/2024 18:07
MLS #21992754
Last Updated: 07/26/2024 18:07