3629 Coliseum Ave Indianapolis IN 46205
- iBuyRightProperties.com
- Sep 16, 2020
- 1 min read
Great Rental or Flip OPPORTUNITY
ASKING PRICE: $129,900
1758 SqFt
830 SqFt Basement
Lot Size 6,839 SqFt
4 bed 2.5 bath
Detached Garage
RAPIDLY APPRECIATING AREA
Market Rent $1,500
New Windows
New Plumbing
New Electrical
FLIP OPPORTUNITY
Purchase Price: $129,900 Estimated Rehab $80,300 Investment $210,200 ARV $301,000 Realtor Fee (upon Resell) $18,060 Profit $72,740 Estimated ROI 34.61% _________________________ HOLD PROFORMA Rent $1,500 per month Taxes $203 Insurance $72 Management $120 Vacancy / Maint. $180 Income $925 Estimated Cap Rate 5.28% ________________________ COMPS: 3456 Winthorp Ave. SOLD for $286,000 in March 2020 1221 Fairfield Ave. ACTIVE at $289,500 August 2020 3963 Guilford Ave. SOLD for $281,000 in May 2020 3830 Guilford Ave. SOLD for $355,000 in August 2020 3828 Carrollton Ave. ACTIVE at $390,000 August 2020
GM
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