$45,000 Indianapolis buy to let. 26% net yield
RESERVED. This property in Kitley Avenue comprises a pair of 2 bedroom semi-detached houses which are currently being refurbished to a high standard. Tenants have been line up for both properties and will be in residence well before closing generating a great net inome of $12,396 per annum. Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield! KEY FIGURES: Purchase Price: $45,000 Buying…
RESERVED. This property in Kitley Avenue comprises a pair of 2 bedroom semi-detached houses which are currently being refurbished to a high standard. Tenants have been line up for both properties and will be in residence well before closing generating a great net inome of $12,396 per annum.
Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!
KEY FIGURES:
Purchase Price: $45,000
Buying Costs: $2,500
TOTAL OUTLAY: $47,500
RENTAL INCOME: $15,000 per annum
OUTGOINGS:
Taxes: $624
Insurance: $480
Management: $1,500
TOTAL OUTGOINGS: $2,604
NET INCOME: $12,396
THE NET YIELD IS THEREFORE A FANTASTIC 26%.
For further information or to reserve this property, please complete the enquiry form as soon as possible.