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Single Family Rental Property Sold by the Indianapolis Property Team for $159k
3
1
912 SQ. FT
Location: New Castle,
Indiana
Property type: Single Family Rental
Purchase price: $159,900
Gross rent: $1,300
Cap rate (year 1): 8.4
Cash flow (year 1): $4,118
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Disclaimer: Real Wealth is an educational company only and does not act as a real estate broker. The information listed on this page was provided by the property owner/seller/broker. All information is deemed to be reliable, but not guaranteed. Pro formas may include limited-time buyer incentives which should be verified with the seller.

It is the responsibility of a prospective buyer to confirm the accuracy of any pro forma, including estimated rent ranges, closing costs, taxes, insurance, appraisals, and third-party inspections before purchasing any property. Mortgage interest rates are subject to change and actual rates will vary.

It is also recommended that buyers set aside reserves for potential vacancies and/or maintenance costs (typically calculated between 3-6% of rents).

This property may or may not still be available, but you can connect with the seller here to learn more about the current inventory.

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