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Archived over 1 year ago

$69,000

4 bd ba

1308 Laurel St, Anderson, IN 46016

Residential SFR

Current Rent **

$1,050

Projected Rent **

$1,050

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

Anderson Property! Great 4/1.5 Flip or Hold with equity

Here is a new off-market deal in Anderson's Englewood neighborhood. Another 4-bedroom in this same neighborhood recently sold for $119,900 after ONE DAY ON THE MARKET!! This 4/1.5 sits on a basement and has a roof that is less than one year old.

Roof - less than 1 year
Furnace - 5 years
Water heater - 5 years
Windows - 5 years

Recent 1/4 sales include:
1429 Nichol - SOLD $119,900 (4/2.5, 1470 sf, basement, 1 DOM)
1205 Nichol - SOLD $130k (3/2, ONLY 863 sf, no basement, 1 DOM)

Location:

1308 Laurel St, Anderson, IN 46016

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** 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.