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Updated over 10 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Austin Tani
  • Involved In Real Estate
  • Honolulu, HI
1
Votes |
7
Posts

Cash Flowing Duplex 50 % ROI Leveraged Cash Indianapolis, IN

Austin Tani
  • Involved In Real Estate
  • Honolulu, HI
Posted

Listing Price $69,900

30-32 N Bradley Indianapolis, IN 46201

County Marion 

Bedrooms 4 

Bathrooms 2 

Sq Ft 1,092

Actual Rent $1220 a month 

Estimated Semi Annual Taxes $209.00 - $34.83 a month 

Estimated Annual Fire/Liability Insurance $700.00 - $58.83a month 

Management Fee @ 10% of Monthly Rent $122.00

Operating Income - $1004.83

Leveraged Money 25% Down Fixed Rate 30 Yr 5% interest - Down payment $27,960

Outstanding Principle $52,425.00 - Monthly payment $281.43 

Total monthly expenses - (mortgage and operating expenses) - $496.60

Monthly Cash Flow $723 

Annual NOI - $8676

*all information is deemed reliable but not guaranteed. 

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