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3629 Coliseum Ave Indianapolis IN 46205



Great Rental or Flip OPPORTUNITY

ASKING PRICE: $129,900


1758 SqFt

830 SqFt Basement

Lot Size 6,839 SqFt

4 bed  2.5 bath

Detached Garage

RAPIDLY APPRECIATING AREA

Market Rent $1,500

New Windows

New Plumbing

New Electrical

FLIP OPPORTUNITY

Purchase Price: $129,900 Estimated Rehab $80,300                                 Investment $210,200                                           ARV $301,000                                                     Realtor Fee (upon Resell) $18,060                             Profit $72,740                                                    Estimated ROI 34.61% _________________________ HOLD PROFORMA Rent $1,500 per month Taxes $203 Insurance $72 Management $120 Vacancy / Maint. $180  Income $925 Estimated Cap Rate 5.28% ________________________ COMPS: 3456 Winthorp Ave. SOLD for $286,000 in March 2020 1221 Fairfield Ave. ACTIVE at $289,500 August 2020 3963 Guilford Ave. SOLD for $281,000 in May 2020 3830 Guilford Ave. SOLD for $355,000 in August 2020 3828 Carrollton Ave. ACTIVE at $390,000 August 2020












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