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$54,900
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| 3 bed |
1062 sqft |
| 1.5 bath |
Nice Attached Garage
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Click Here for Pictures!
Located in the Perry Township School District and 1 mile from University of Indianapolis.
Would make great student rental if tenants decide to vacate property.
This would be a great property to add to your own portfolio. Especially, if you're looking for a newer build in a great school district with very little updates needed.
Pricing based off current Rent Rate:
- Difficult to find any Perry School 3 bedroom rentals in the immediate area under $1,000 on Zillow.
- We priced this one at the current $825 rent the tenants are paying, but we are confident rents could be raised to $875-$895.
Investment Options:
- Buy and Hold for Your Own Portfolio with cash, then refinance your cash back out with down payment to produce a significant cash on cash returns of at least 18% but likely higher.
- Doesn't make sense as a flip. Hardly any work needed on this house.
- Turnkey Companies - Are your clients satisfied with lower cash on cash returns? Buy and resell.
Property Highlights:
Great Schools
Recent Roof Repairs Made
Recently completely remodeled
Updated Vinyl Windows
Furnace and A/C Maintained
Water Heater 5 years Old
Countertops 2 years Old
Built in 1998
No HOA fees
Attached 1 Car Garage
Little Repairs Needed:
- Already Rent Ready - Priced with $5,000 in capital expenditure reserves and update money for your peace of mind.
Click Here For Pictures
Access: For lockbox access please reply directly to this email. I don't anticipate this one lasting long.
How To Buy: Ben's properties sell very fast many times sight unseen. Ben's properties are sold on a first come first serve basis to the highest and best offer. 1st person to sign Ben's Purchase Agreement and deposit the $2,500 non-refundable Earnest Money Deposit locks up the deal. Ben is open to all offers.
If you're interested and would like to purchase this property, please contact Ben directly to make an offer. Please email sales@investwithben.com to make an offer or call Ben directly at 574-329-3524
Earnest Money Deposit: Non-refundable $2,500 secures purchase.
Attention Realtors: Add whatever fee you’d like on top of our price for your fee if you have a solid buyer interested and ready to close.
Serious cash buyers only. 2,500 non-refundable deposit upon acceptance.
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*Seller of this property either owns or has equitable contractual interest along with notice of interest recorded with county in the properties marketed.
**All properties are sold for cash or hard money only. Buyer to verify all information and funds. $2,500 non-refundable earnest deposit is required along with a 14 day or less closing period.
***Seller has exclusively relied upon the information listed within the MLS and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that Seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and Buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that it is purchasing the property in "as is, where is" condition.
****All properties Subject to errors, omissions, deletions, additions, cancellation. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due diligence. Buyer to verify all material facts including square footage. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Sales price is net to seller. Buyer to pay all closing costs. |
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