3/1 Rental in Wayne Township School District Indianapolis

[Bob Hinrichs]

                We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

           821 Waldemere Ave Indianapolis, IN 46241

Photo Galery: https://drive.google.com/drive/u/5/folders/1Ew_M2H...

BP,

Check out this 3/1 located in Wayne Township Schools! This property is in fantastic condition and will make a solid addition to your rental portfolio.

It has a newer dimensional roof, HVAC that was replaced in 2012, siding and windows that are in great shape, and a huge garage. Combine all of that with the fact it's in the Wayne School District, and this makes one heck of a rental.

The property is currently rented well below market values on a month-to-month agreement for $600/month. To maximize returns, it will likely make sense to raise the rents to the market rate of $750/month.

This property is in such great shape, you probably won't have to put any money into it. However, we accounted for $5,000 in repairs, just in case you'd like to do some work. With that rehab factored in, we're estimating a cap rate of 10.7%!

Click the link above for pictures. And be sure to call or email if you'd like to reserve this or ask any questions!

What to expect: Property is being sold 'as-is' and 'where-is' for cash or hard money Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202 Buyer shall pay all closing costs If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with! P.S. Can I have 30 seconds of your time? If you want to keep seeing our off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE.

*Contracting Party either owns or has equitable contractual interest in the property. Sale will either be in the form of an assignment of the purchase agreement between Contracting Party and Owner or a direct sale from Contracting Party to Buyer. Sale of the property is conditional on Seller of property providing acceptable title to the property.

**All properties are sold for cash or hard money. Buyer will need to verify information and funds. A $2,000 non-refundable earnest money deposit and 14 day or less closing period are required.

***Contracting Party makes no representations or warranties, either express or implied, about the property. All descriptions of the property and pertinent information described in this message have been attained through public records, the County Assessor's office, MLS, or viewing of the property. The Seller also makes no warranties, either express or implied, as to the potential return of this property as an investment. The Buyer understands and acknowledges that any information in this message is not warrantied. The Buyer has conducted their own investigation of such information, and is choosing to purchase based on their own conclusion. Buyer is "as is and where is" with no contingencies.

****All properties are subject to errors, omissions, deletions, additions, and cancellations. No warranties, whether express, implied, written or oral have been made to the Buyer. The Buyer has conducted all desired due diligence, and has decided to make a purchase based off of their findings. Buyer understands they will pay all closing cost.

*****Contracting party is a broker under license RB16001625, but is not the listing agent of the Property