Richland, IN Duplex (2020 – 2021)
C – Class Neighborhood
The duplex in West Indianapolis was purchased on March 20 and rehab was finished on May 1 of 2020. Projected rents for both units of the duplex will be $700 per-side.
The annual Gross Schedule Income of the property is $16,800
Actual Compound Annual Growth Rate (CAGR) of 28%
Actual Cash on Cash Return is 10%
Actual Gross Rent Multiplier is 4.55
Actual Return On Investment 45%
Actual Equity Multiple is 1.45x
Before Rehab of Property
During Rehab of Property
After Rehab of Property
