27900 - Solid Investment In Rum Village - 15.7% ROI

[Jason Richardson]

1817 S William St, South Bend, IN 46613 3 Bed / 1 Bath / 1802 SqFt / 5390 SqFt Lot / No Garage / Shed / Built 1915 We have a great, affordable, rental property which needs minimal work that will provide an excellent return on your investment. Furnace is newer and intact. Appliances included. This house includes a very large living room, an upstairs office area and off-kitchen dining room. This property is located in an up-and-coming neighborhood, near a new technology park, schools, shopping, entertainment and is close to downtown.

C Class Neighborhood

Here are the numbers, as a cash-flow property:

Our Price - $27900

Estimated Monthly Income - $700

Yearly Income (Includes 1mo Vacancy) - $7700

Yearly Taxes - $950

Yearly Insurance - $600

Yearly Management/Maintenance Fees - $1540

Yearly NOI - $4610.28

Estimated Rehab Cost - $1500

All-In Cost - $29400

Estimated ROI - 15.7%

Professional management and rehab services are available. Serious cash buyer inquiries only please. Buyer pays their side of closing costs. We cannot guarantee the returns shown above, as these are estimates based on our own due diligence. We recommend all buyers do their own due diligence prior to purchase.