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Updated about 9 years ago on . Most recent reply

User Stats

603
Posts
24
Votes
Steve Lawson
  • Specialist
  • Indianapolis, IN
24
Votes |
603
Posts

Multi family residence in the popular Irvington area

Steve Lawson
  • Specialist
  • Indianapolis, IN
Posted

$30k purchase - $98k complete rehab (contractor bid: available on request)

Based on $2,250 a month rent*, gross return of 20.7% and net cash flow of 17.1%.

*This is a conservative rent estimate: Section 8 rent would be $2,550 a month resulting in 23.5% gross return and 20% net cash flow.

http://p.reiblackbook.com/112208 If you'd like more information, please contact us to hear more about this great opportunity. 

Offering

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