Beautiful 8 Unit Indianapolis Apartment

Located across the street from the historic Garfield Park

This beautiful, brick apartment has been meticulously renovated, preserving it's historic art deco style. Large 1 bedroom/1bath each unit. All 8 bathrooms have been upgraded with ceramic tile. new tubs/showers/vanity and toilets. All windows have brand new storm windows. Each unit rents for $500. Total cash flow after all expenses is about $2100 per month. Currently under professional property management.

2525 Shelby St, Indianapolis
Asking Price              $220,000
Total rent                   $4000/mth
Operating expenses   $1492
Cash flow                  $2108              
Cash-on Cash            11.5%                                

For a pro form P&L, Click Here 

E mail me for more information at m.darrigo@sbcglobal.net







                                                                                                 

Prices Slashed on 10 Turn-key Properties!

This is a chance to pick up a great cash-flowing rental property at a great price. We've slashed the price on 10 properties and priced them to sell quickly. All are located in good Indianapolis neighborhoods and are fully renovated and most are priced under $45,000.
 
 Here's just one of these great deals.

Over $500 per month Cash-flow and nearly 15% ROI!

3536 Payton Avenue, Indianapolis
4Br 1Ba
Rented for $799
Cash-flow  $552
ROI  14.8% 

Financing available

To See More Deals, CLICK HERE

Indianapolis rent is on the rise

Source: Trulia

According to data released by Trulia last month, housing prices increased only slightly nationwide in the last 3 months, however, rents have increased an average of 5.6%. 6 of the top 10 markets had increases of over 10%. Indianapolis ranked 5th in the nation with an increase of 11.1%. Trulia attributes the rising rents in these markets to increased employment and rising housing prices.

With rents on the rise, now is a great time to buy rental property in Indianapolis.

Click Here to check out some of the turn-key, cash-flowing properties we have to offer in Indianapolis.. E mail me at m.darrigo@sbcglobal.net.

This turn-key duplex is a real cash-cow

                       20% ROI!

Check out the cash-flow on this fully rehabbed duplex. Fully rented and cash-flowing over $800/mth! Needs nothing--you'll be cashing those rent checks the first month. Our duplexes don't last long so if you like what you see, don't wait or it will be gone.Check out the kitchen on this one.

For more details and pictures, Click Here

1630-1632 Tabor St, Indianapolis
       Asking price   $47,000

                                                                                                   

Indianapolis Rated the Best Market for Real Estate Investment

Inman News examined the demographic and economic data for hundreds of metropolitan areas in the U.S. to determine the best markets for real estate investment. After narrowing it down to the top 10, guess which one came out on top? Read the article to find out.

http://www.inman.com/reports/10-markets-invest/index.html

To see available turn-properties in the best U.S. real estate investment market
Click Here

Get over $800 per month Cash-flow!

Don't miss out on this one. This Indianapolis duplex is in a great rental area and will produce over $800 per month cash-flow. Needs a small amount of work but we'll have it rehabbed and ready for your tenant within 3 weeks of closing.       

Asking only $33,600 (includes rehab)

Will rent for $1200

Estimated Cash-flow of $808 per month



For more details,  Click Here           
                                                                              

Indianapolis Out-performs the Nation Again

According to Standard and Poors/Case Shiller Home Price Indices report just released, the housing market is continuing to struggle (No surprise there). The 20 city composite index had a 3.5% decline over last February with home prices now at their 2002 levels.  Indianapolis continues to buck the trend however. Indy’s medium home prices were up 5.8% over February 2011. That outpaces any of the 20 cities in the composite index. Phoenix was next at 3.3% above last year.  Atlanta posted the worst numbers—down 17.3%. This was a new low for Atlanta and was the 5th consecutive month of double digit declines for the market.

With numbers like these,  is it any wonder that this born and bred Californian likes the Indianapolis market so much for real estate investment?

To learn more about how you can capitalize on this great opportunity, visit my website at: InvestInIndy