Turnkey & Rehab Properties for Passive Cashflow

Indianapolis, IN
Huge Duplex – Both 3/1s – 2425 N Olney Indianapolis, IN

Huge Duplex – Both 3/1s – 2425 N Olney Indianapolis, IN $20,000

Almost 20% Cap Rate, Rehab and Property Management Solution in Place!
Huge Duplex – both 3/1s, 2440 Sq Ft
Taxes – $642
Rehab Estimate – 20-25K, dirty, mostly salvageable and cosmetics like carpet, some drywall & sheetrock, paint, gutter and siding, exterior work, counter, kitchen and bath etc.
Rent Estimate – $1200 – 600 per side
Rehab, Property Management and Maintenance Solution in place

Purchase 20,000
Rehab 25,000
Deferred Maintenance

Rent $1,200
Management $120
Maintenance $120
Vacancy $120
Tax $54
Insurance $45
Monthly Cashflow $742
Cap Rate 19.77%

$20,000

  • Property Type Apartment
  • Bedrooms 6
  • Bathrooms 2
  • Size 2,440 Sq Ft.
  • Garage Spaces
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Indianapolis, IN 46218

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