SOLD. $60,000 INDIANAPOLIS. Spacious Refurbished And Tenanted Duplex. 18.75% Net Yield

  • Price: 60000.00 $
  • Bedrooms: 4
  • Bathrooms: 2
  • Size (M2): 245

SOLD. Ref: CZIN48   Excellent income producing side by side duplex located in a popular district just to the south of Brookside Park which enjoys easy access to a number of schools/colleges, shopping centers and recreational facilities. Zillow predicts prices in the area will increase by 3.7% in the next 12 months.

The property has recently been refurbished and is tenanted. It totals a very spacious 2,640 square feet on a lot of 6,098  square feet and benefits from a basement. Each unit has 2 bedrooms and 1 bathroom.

This property is priced to sell now so please contact us as soon as possible for additional information.

Reserve this now and start collecting income from day one!

Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!

KEY FIGURES:

Purchase Price:  $60,000

Fixed Closing Costs:         $2,500

TOTAL OUTLAY:  $62,500

RENTAL INCOME:  $14,400

OUTGOINGS:

Property Taxes:       $400

Water:             $600

Insurance:        $720

Management:    $960

TOTAL OUTGOINGS:  $2,680

NET INCOME:     $11,720

THE NET YIELD IS THEREFORE A FANTASTIC 18.75%

Please contact us for further information or to reserve this property.

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