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56th St, IN Warehouse

56th St, IN Warehouse (2021)

B – Class Neighborhood

The Warehouse located in the Broad Ripple area of Indianapolis was purchased on March 20 and rehab was finished on April 2 of 2021. Projected rents for the warehouse will be $2,480 per-month

The Annual Gross Schedule Income of the property is $29,760

Projected Compound Annual Growth Rate (CAGR) of 10%

Projected Cash on Cash Return is 10%

Projected Gross Rent Multiplier is 8

 Projected Return On Investment 215%

Projected Equity Multiple is 2.15x

Before Rehab of Property

During Rehab of Property

After Rehab of Property