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Updated over 9 years ago on .
Triplex in IN w ROI w/ Loan @ 107% ROI cash buy @ 26% RENTED
Triplex in IN w ROI w/ Loan @ 107% ROI cash buy @ 26% RENTED
Address: 334 N Randolph St. Indianapolis, IN 46201
Asking: $68,497
Triplex rented at current rates: $750, $650, $750
Expenses @ ~$921 w/loan @ ~$647 w/o loan
Cash Flow @ $1,228 w/loan @ ~$1,502 w/o loan
ROI w/ Loan @ 107%
ROI cash buy @ 26%
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ROI Calculated with assumed numbers below:
Loan of $54,797.60 (80% of asking)
Out of pocket cost @ $68,497 - $54,797.60 = $13,699.40
Yearly Cash Flow (w/loan) = $1,228.60 x 12 = $14,743.14
Yearly Cash Flow (w/o loan) - $1,502.58 x 12 = $18,031
Loan ROI - $14,743/$13,699 = 107%
Cash ROI - $18,031/$68,497 = 26%
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Please email me @ [email protected] and fill out this buyers sheet if you are interested in buying the property. Thank you!
Buyers sheet:
http://goo.gl/forms/7Ht2949nK0