$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…

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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.