$109,000
1301 S Rotherwood Ave,, Evansville, IN 47714
Current Rent **
$1,080
Projected Rent **
$1,382
Unit 1 Details
- Current Rent: $565
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 2 Details
- Current Rent: $515
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 1351 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
(๐๐๐ฎ๐ป๐๐๐ถ๐น๐น, ๐๐ก) ๐๐๐๐ฝ๐น๐ฒ๐ ๐ ๐ญ๐ฌ๐ฌ% ๐ข๐ฐ๐ฐ๐๐ฝ๐ถ๐ฒ๐ฑ | ๐ง๐ฒ๐ป๐ฎ๐ป๐๐ ๐ฃ๐ฎ๐ ๐๐น๐น ๐จ๐๐ถ๐น๐ถ๐๐ถ๐ฒ๐
ARV: $140,504
Actual Rent: $1,080/month
Potential Rent: $1,382/month
DETAILS
Unit Mix: Two 1BR/1 Bath Unit
Occupancy: 100% Occupied
Taxes: $795
Insurance: $400
Utilities: Tenants pay for all utilities.
Building Square Footage: 1,351 Sq Ft
Lot Size: 7,296 Sq Ft
Year Built: 1910
Units: 2
Current Rents: $515-$565/Unit
Market Rents: $691/Unit
Management: Currently self-managed, but excellent local property management company ready to step in and manage this one for the next owner. If you do choose to self-manage, this one should be easy to manage as the tenants pay all utilities and the property is fully occupied!
Pro Forma CAP Rate: 11.42% (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)
Location:
1301 S Rotherwood Ave,, Evansville, IN 47714
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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