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1669 Purcell Cir, Indianapolis, IN 46231

Indianapolis, IN · Single Family

3 bd / 2.5 ba · 1,704 sqft · Built 1986

$192,000

$113/sqft·25% below ZIP median

Meets 1% rule

GRM

7.9x

Cap Rate

9.9%

Cash Flow

+$568

Cash-on-Cash

15.4%

93 Terra

Est. Rent

$2,025/mo

$1,950 — $2,225

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Based on 11 nearby rentals

Tax: ~$2,112/yr

Single-family homes in Indianapolis, IN
Priced under $200,000
At least 3 bedrooms

ZIP 46231 Market

3br $2,640
YoY ↑0.7%
Inc $73,087
Safe B
Vac 3.6%

201 days on market · ZIP avg: 201

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Investment Analysis

1669 Purcell Cir, Indianapolis, IN 46231

Returns

GRM7.9x
Cap Rate9.9%
Cash Flow+$568
Cash-on-Cash15.4%

Projected Annual Return

16.1% This property
10.5% S&P 500 avg

Break-even

6.5 years

5yr Return

$40,569

92% of cash in

Based on 11 nearby rentals · Median $2,140 · Your estimate -5% below

Expenses: $1,457/mo Show ▾
Mortgage (P&I)$1,022
Property Tax$176
Insurance$125
Maintenance (3%)$61
Vacancy (4%)$73
Financing: 20% down · 7% · 30yr Show ▾
Down20% ($38,400)
Rate7%
Term30yr
Closing3% ($5,760)
Rent Estimate $2,025/mo
$1,950 $2,225

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