1326 Eclipse South Bend, IN 46628 3 Bedrooms     1 Bathrooms    

Property Overview

Approx Appraised Value: $48,000 Equity = $11,000 Rent = $625. Approximate Costs: $30/mo for ins. + $125/mo taxes + $60/mo prop mg + $259/mo P&I (using 7-1/2% on $37,997 for 30 years) = $474/mo. Approximate Cash Flow: $151/mo. Description of Improvements: (rehab not complete yet, will start soon) Newer vinyl siding, completely repainted inside, new carpet, updated kitchen and bathroom, new furnace and water heater. Local Area Details: Nice lower income neighborhood located near shopping, schools, churches. Please Note: 1. All properties come with a renter in-place or a rent guarantee if not already rented at time of purchase. 2. Homes come with a 90 day mechanical warranty. We focus on providing homes that will provide years of reliable service. 3. Property management is provided free of charge for the first 90 days, and then 10% of rent thereafter.

Property Details

    • Price: $37,997.00
    • Bedrooms: 3.0
    • Bathrooms: 1.0