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338 N Bradley Ave Indianapolis IN 46201

  • Writer: iBuyRightProperties.com
    iBuyRightProperties.com
  • Sep 11, 2020
  • 1 min read


Off Market

Single Family


💰 75%+ ROI 💰


ASKING PRICE: $49,900


All Brick

Great Rental or Flip OPPORTUNITY

996 SqFt

996 SqFt Basement

2 Lots 10,542 SqFt

2 bed  1.5 bath

New Roof

New Windows

New Electrical

New Plumbing

New AC unit

New Furnace & Water Heater

Market Rent $840

FLIP OPPORTUNITY

Purchase Price: $49,900 Estimated Rehab $29,300                                 Investment $79,200                                           ARV $139,000                                                     Realtor Fee (upon Resell) $7,740                             Profit $52,060                                                    Estimated ROI 75.23% _________________________ HOLD PROFORMA Rent $840 per month Taxes $88 Insurance $42 Management $67 Vacancy / Maint. $100  Income $543 Estimated Cap Rate 9.42% ________________________ COMPS: 523 N. Chester Ave. SOLD for $144,900 in May 2020 429 N Colorado SOLD for $100,000 in April 2020 3328 E. New York St. SOLD for $125,000 in March 2020





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