$39,000 INDIANAPOLIS. Refurbished And Tenanted 4 Bed Home. 16.42% Net Yield

  • Price: 39000.00 $
  • Bedrooms: 4
  • Bathrooms: 1

This is an excellent opportunity to acquire a 4 bedroom updated single family home on Eastside! 3429 Orchard Avenue, Indianapolis, IN 46218 was fully refurbished in April 2015 and is already let to section 8 tenants to ensure an excellent income from day one.

This home features four bedrooms and one bathroom. The refurbishment works undertaken include: Refinished hardwood floors
throughout home, new vinyl in bathroom, fresh paint, central air, new gas furnace, new sink vanity, black ceramic tile bathroom and much more.  The master bedroom has a nice walk in closet.  Entire yard fenced in with two gates.

This property is priced to sell now and offers an excellent net yield.

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

KEY FIGURES:

Sale Price: $39,000
Fixed closing costs: $2,500 (Including Inspection Report)
Total Outlay: $41,500

Annual Rent: $8,388

Taxes: $532
Insurance: $360
Management: $600
Total Outgoings: $1,492

NET income: $6,896

NET yield: 16.62%

Please complete the Enquiry Form to receive further details or to reserve this property.

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