$15,000
1127 N Grant, Indianapolis, IN 46201
Current Rent **
$775
Projected Rent **
N/A
Indianapolis seller financed (land contract) deal
This is a great seller financed deal that I'd like to transfer to another investor. Great rental neighborhood. Monthly mortgage payment is $435. Current rent is $775. The current tenant is leaving at the end of January. Cash on cash potential: 16%. The best part about this seller financed deal is that no bank is involved (so no worries about credit checks, income etc.). You'll be dealing directly with the owner; a great way to start or grow your real estate portfolio. I am asking $15,000 to re-assign the contract to you (this money includes the down payment that I've already paid and work I've done on this house so far).
Location:
1127 N Grant, Indianapolis, IN 46201
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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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