Three Homes being sold as package
;)
Description
This Deal Will Not Last - Three Homes being sold as package - 100 %
Occupied perfect for Investors,
Property Management already in place.
Over 30 % Equity
ONLY $143,500
26 Bakemeyer St. Indianapolis, IN 46225
Unit #1: 3 Bed 1 Bath Rents for $750/month 1 year lease
ARV -$68,000
Purchase Price - $26,000
Rehab $15,000
Closing Cost $1,200
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Immediate Equity $25,800
609 Linwood Avenue Indianapolis, IN 46201
Unit # 3: 2 bed 1 Bath - Rent For $575/month 1 year lease
ARV $ 89,000
Purchase Price - $25,000
Rehab $ 15,000
Closing Cost $ 1,200
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Immediate Equity $ 47,800
3425 West 12th St. Indianapolis IN 46222
Unit # 2: 2 bed 1 Bath - Rent For $595/month - 1 year lease
ARV $ 50,000
Purchase Price$ 20,000
Rehab $7000
Closing $1200
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Immediate Equity $ 21,800
Cash Analysis
Gross Rent: $1920
Mortgage Expenses: $805
Property Mgmt 10%: $192
Cash flow: $923
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