9147 E Rochelle Dr Indianapolis, IN 46235 $ 62,900 - Indianapolis, Indiana ️ State City…

9147 E Rochelle Dr Indianapolis, IN 46235 $ 62,900 - Indianapolis, Indiana ️ State City…

9147 E Rochelle Dr Indianapolis, IN 46235
$ 62,900 - Indianapolis, Indiana

?Country
? City
? neighborhood

************************
Type of transaction
************************
️ The type of strong, long-term transaction - preparing and renting the property for the tenant
? The property under contract? - Yes, the property is under contract
? Multi-property property? - No

************************
Transaction data and asset
************************
? Buyer Price in Dollars: 62900
? Living Size in Square Fit: Property size in square fit sqft
️ Year of construction: 1962
? Number of units in the property (doors): 1
? Number of bedrooms: 3
? Number of services: 1.5
⛏ Estimating the price for renovation required in dollars: 7000
️ What renovation date should be completed: 12 / 25 / 2018 0: 00: 00
? Have you done this? Yes
? Link to the Axel Renovation Assessment if there is an assessment:
? Promoter escort fee: 4500
? Estimating closing costs and additional costs in dollars: 700
************************
? Total investment (purchase price + renovation price + escort fee + closing costs): 75100
************************

? About the area:
The area is called far east side, and it covers quite a wide area. There are sub-areas that are considered to be from Areas D to Areas B. The property is in sub-area C +, on a quiet and well maintained street. This is a strong rental area, and you can lease a property there relatively quickly. The property taxes are around $ 1000, which makes it possible to get proper returns.

? About the property:
The property is covered in brick and has a garage attached. The house has 3 bedrooms, a total of 4 rooms, and one and a half bathrooms. It is 1257 SFT in size and has a large backyard. Part of the renovation was replacing all floors, painting the house, landscaping, refurbishing the bathroom and the kitchen.

************************
Expected annual revenues
************************
? Monthly rental 850
? Annual rental 10200

************************
Expected annual expenses
************************
Provision for unearned property leased: 850
? Management Company: 1020
? Maintenance: 500
️ Arnona: 800
✍️ Insurance: 600
? Community Payments: 0
? Total annual expenses: 3770

? Net pre-tax annual cash flow:
? Gross Annual Yield: 0
? Net Annual Return: 0

************************
? Comparative market data
************************
? Estimated market value of the property after renovation: 76000
️ Percentage of total investment relative to market price: 1

************************
? Comparative Market Analysis - First Property:
************************
? Address: 3456 N Luewan Dr Indianapolis, IN 46235
? Living Size in Square Pitt: 1332 sqft
️ Year of construction: 1968
? Number of bedrooms: 3
? Number of services: 2
? Distance from property: 0.4 miles
When did it sell: 9 / 8 / 2018

************************
? Sales Comparative Market Analysis - Second Property:
************************
? Address: 3507 N Brentwood Ave Indianapolis, IN 46235
? Living Size in Square Pitt: sqft 1249
️ Year of construction: 1962
? Number of bedrooms: 3
? Number of services: 1.5
? Distance from property: 0.3 miles
When did it sell: 7 / 11 / 2018

************************
? Comparative Market Analysis - Third Property:
************************
? Address: 3525 N Luewan Ct
Indianapolis, IN 46235
? Living Size in Square Pitt: sqft 1107
️ Year of construction: 1970
? Number of bedrooms: 3
? Number of services: 1
? Distance from property: 0.3 miles
When did it sell: 10 / 8 / 2018











Related News Real Estate Entrepreneurs

Related Articles

House # Long Lake Lane, Indianapolis, IN 46235

Property Details Price: $317,894 Property Type: Single Family Home Bedrooms: 4 Bathrooms: 2.5 Total Size: 2,068 SQ FT Lot Size: 0.15 Acres Built-In: 2012 How to Contact Us about this property and keep being informed of our future deals? For additional information about this property, fill up the form on this page or click here […]

XXXX Indiana Ave, St. Louis, MO 63104

Property Details Property Type: Multi Family Home Bedrooms: 3 Bathrooms: 2 Total Size: 2,042 SQ FT Lot Size: 2,497 SQ FT Year Built: 1886 ARV: $370,000-$380,000 A great investment opportunity in St. Louis. A classic multi-family home, with a full basement. The furnace, and water heater are new. The plumbing is old. The Electrical Panel […]

XXXX Wisconsin Street Indianapolis, IN, 46225

Property Details Property Type: Single Family Home Bedrooms: 4 Bathrooms: 1 Total Size: 1,520 SQ FT Lot Size: 3,049 SQ FT Heating: Central air Built-In: 1928 How to Contact Us about this property and keep being informed of our future deals ? For additional information about this property, fill up the form on this page or click […]

9147 E Rochelle Dr Indianapolis, IN 46235 $ 62,900 - Indianapolis, Indiana ️ State City…

9147 E Rochelle Dr Indianapolis, IN 46235 $62,900 – Indianapolis, Indiana ?️ State ? City ? Neighborhood *********************** Transaction Type ************************** * ?️ The type of long-term holding transaction - preparing the property for a tenant and renting it? Is the property under contract? - Yes, is the property under contract? A multi-family property? - No ************************** Transaction and property data ********************** ***? purchase price…

House # E Washington St, Indianapolis, IN 46201

Property Details Price: $174,900 Property Type: Single Family Home Bedrooms: 3 Bathrooms: 2 Total Size: 2,321 SQ FT Lot Size: 9,017 SQ FT Built-In: 1940 Rental rate: $1,580/month How to Contact Us about this property and keep being informed of our future deals? For additional information about this property, fill up the form on this […]

XXXX Biscayne Road Indianapolis, IN, 46226

Property Details Property Type: Single Family Home Bedrooms: 3 Bathrooms: 1 Total Size: 925 SQ FT Lot Size: 7,405 SQ FT Parking: Carport 2 Car Cooling: Central Electric Heating: Forced Air Built-In: 1962 How to Contact Us about this property and keep being informed of our future deals? For additional information about this property, fill up […]

XXXX N Goodlett Ave, Indianapolis, IN 46222

Property Details Property Type: Single Family Home Bedrooms: 2 Bathrooms: 1 Total Size: 1,680 SQ FT Lot Size: 5,314 SQ FT Built-In: 1920 ARV: $185,000 Taxes: $598/Year A sprawling haven in West Indianapolis just minutes away from downtown . This property doesn't just offer a home; it offers an expansive lifestyle. Spread across two spacious lots, […]

Responses