3814 Esquire Place
Indianapolis, IN 46226
Price $49,900
Down payment and closing costs needed: $12,000
New loan of $39,920 at 5% for 30 years
3 Bedroom
Nicely rehabbed.
Income: $800
Mortgage: $213
Tax: $131
Insurance: $26
Management: $80
After expenses – net is $350 X 12 months = 4200 divide by the
total investment of $12,000 = 35%
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For more details and a list of all the investment properties I have for sale, send me an email and I’ll get it right out to you.
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This is a fully rehabbed property with a solid tenant and a professional property manager.
It is a turn-key investment that is 100% passive. You don’t have to manage it, you don’t have to fix it, you don’t have to do anything except cash the checks the property manager sends you each month.
There are very few places you can invest your money that will give you a better return on your investment, plus give you tax benefits and appreciation of value, rents and income over time.
The property manager is licensed, extremely competent and manages a large part of my current portfolio, so I recommend her highly.
This property is in a solid blue collar neighborhood. It is a truly passive investment. Everything has been done for you and ongoing management is done in a competent, professional, and price conscious way.
If you would like a recording of a seminar about how to invest in long term passive investment properties, send me an email and I’ll give you the download link.
If you have additional questions about the property, feel free to ask. If you are interested, just let me know and I’ll write it up.
3814 Esquire Place
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Indianapolis Real Estate Pros
