| Description:
Completely rehabbed 3 bedroom, 1 bathroom. Rent ready now with a new windows, modern kitchen with all appliances, updated bathroom and hardwood throughout. This property is turnkey! Close today, rent tomorrow.REPAIRS: repair cost estimate = $0. RETURN ON INVESTMENT: With an upfront investment of $22,800 (principal, and closing costs), rent at $700 per month and a vacancy rate of 13% you will see income around $7,350. After expenses (taxes, insurance, maintenance, and property management) costing $2,000 you should see a Net Operating Income around $5,350. Calculate the Cash-on-Cash return for year one around 23% (This doesn't include any tax deductions or tax benefits).This property is prime for cash flow, don't let these investments sit any longer, the longer you wait the less you make. Call Now! Repair Estimates are our best guess on rental quality repairs; this is not a retail flip repair estimate. Please seek professional advice. Zestimate(r) is a third party estimation of value, we do not recommend using the zestimate to determine market value in Indiana. Please seek professional advice.
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