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This wholesale opportunity provides investors with a rented duplex that needs little repairs to make turnkey and to lower your future CapEx costs. This property been priced to allow for generous cash on cash returns and huge cashflow even after all expenses are factored in!
This opportunity won't last long and is priced for net cash on cash returns in the teens even after repairs and every single expense is accounted for.
Rented at $550 per unit Priced at $500 Rent Per Unit:
- Buy and Hold for Your Own Portfolio - Crush the 2% rule and earn 16% cash on cash returns even after factoring in all expenses. Ask about our project management referrals available by request for repairs. Keep the equity in your pocket
- Buy and sell as a turnkey investment to your clients once the simple update is complete earning you a health profit for your Indianapolis turnkey business.
- Buy, Rehab, Rent, Refi most of your cash back out, commonly knows as the BRRR investment strategy. Again, ask about trusted project managers available by request for repairs. Put the equity in your pocket.
2/1 Rental Comps
- New Furnace one unit
- Located near three of Indy's most traveled thoroughfares
- New Water Heater one unit
- Updated Windows
- Updated electrical
- Both units already occupied with tenants in place
- Pro-Rated Rents will be credited to buyer at closing
Property repair Estimates of $7,500 depending on your resources:
- New Furnace needed in one unit
- Update Water Heater in one unit
- Update appliances in one unit
- Dry-wall Repair or chipped paint repair ceiling bathrooms
- Install vent fans in bathrooms
- Paint trim on exterior
- Caulk and reglaze tub
Access: Property is occupied by tenants To arrange access Please email us by replying directly to this post or at firstname.lastname@example.org with property address in the subject line.
How To Buy: Ben's properties sell very fast and are on sold on a first come first serve basis to the best offer. Ben is open to all offers.
If you're interested and would like to purchase this property, please contact Ben directly to have him send you the purchase agreement or click submit offer button above .
To inquire further email: email@example.com
Earnest Money Deposit: Non-refundable $2,500 secures purchase before anyone else. Must close within 14 days.
Realtors: Add whatever fee you’d like on top of our price as your fee if you have a solid cash buyer interested and ready to close.