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Why Buy and Hold?
Rehabbed, Rented, Cash Flowing!
$650/month Rent
Charming 3 bedroom, 1 bath home with large 2 car detached garage located near
Brookside Park and Little Flower Church. 
 
 
 
 
 
 

Property details


1429 N Grant Ave, Indianapolis, IN (Click Here for MAP)
2 bedrooms; 1 bath; 2 car garage; basement
Stove, Fridge, Kitchen breakfast furniture included!
 
REHABBED, RENTED (with local property
manager) and CASH FLOWING!!
 
Walking distance to Brookside Park
Easy access to local shopping

 

Oversized 2 car detached

Storage Shed

Newly landscaped yard

 
 
 
            
  Back of house has large back yard with storage shed  Oversized alley Garage    
Original Woodwork
 
 
  
                     1429 N. Grant, Indianapolis, IN  46201
                           Marion County
               
  • This property has an average ARV of $74,588 value

 

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ARV* Evaluation

 Source

 Zillow

 $73,500

 Eppraisal

 $75,677

Average ARV

$74,588

*After Repair Value (ARV)

May or may not be actual market value

 

 

Please Note:


All of our properties are sold As-Is, Where-Is, and with All Faults. We ask all of our buyers to perform their due dilligence! We do our best to describe the homes, but it is our opinion and it's not guaranteed. There are no liens on these properties.

 

 Rental Proforma

 Income

 Monthly Rent

$650

 Gross Annual Income**  $7,020
Net Operation Income (NOI)

$4,644

Monthly expenses

Taxes (projected)

$100

Insurance

$48

Management Fee (10%)

 $70

 ** Based on 10% vacancy

    NOI based on monthly expenses

 

 

 

 

 

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