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East Chicago, IN 46312

Asking Price

$260,000

Beds

3

Baths

1

Square Footage

1,530 sqft

Property Type

Single Family

Year Built

2930

Lot Size

4,356 sq ft

About This Property

All brick 4 bedroom 2 bathroom home with a primary bedroom suite! Through the foyer is an inviting living room with hardwood floors, arched doorways and a woodburning fireplace. A Separate dining room and updated with quartz countertops and stainless steel appliances. Second level has 3 bedrooms and 1 full bathroom with hardwood floors throughout. From the 3rd bedroom, access the stairs to the primary bedroom with ensuite for ultimate privacy. A full unfinished basement with laundry hook-ups can be used for additional storage or finish for more living space. The home is in the perfect location on a quiet one-way street next to George Washington Elementary, 1 block from Washington Park, Block Stadium, and St. Catherine's Hospital.

Zillow Link: https://www.zillow.com/homedetails/4324-Ivy-St-East-Chicago-IN-46312/73320389_zpid/

Deal Calculator

Estimated Net Profit

$61,880

ROI: 23.1%·Cash-on-Cash: 96.7%

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Project Breakdown

Sale Price (ARV)
$364,000
Purchase Price
$260,000
Rehab Budget
$0
Interest (12%, 4 mo)
$8,320
Points (2%)
$4,160
Closing Costs (3%)
$7,800
Selling Costs (6%)
$21,840
Total Cash Required
$63,960
Net Profit
$61,880

Estimates only. Verify prices, rents, and repair scope with your own due diligence before making an offer.

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Contact: Jamie Prisco

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