INSTANT CASH FLOW – Indianapolis, IN

4 Unit Quadplex | 1 Bed / 1 Bath Each | Fully Furnished

2818 N Capitol Ave, Indianapolis, IN

1. Immediate Position (Day 1 Income)

• Your Price: $645,000

You’re stepping into an already performing asset

2. No Rehab = Immediate Cash Flow

• Fully renovated

• Fully furnished (high-quality furniture)

• Stabilized property

👉 Get in and collect income from day 1

👉 No construction. No delays. No setup needed

3. Strong Rental Numbers (T12 Verified)

• $7,000/month gross rent

• $84,000/year

Rent Roll Breakdown:

• Unit 1: $2,000/month

• Unit 2: $1,800/month

• Unit 3: $1,600/month

• Unit 4: $1,600/month

👉 100% occupied

👉 Consistent income history

4. Seller Financing (Major Advantage)

• $160,000 down

• $3,500/month

• 8% interest

• 20-year term

👉 No bank needed

👉 Faster close, flexible structure

5. Cash-on-Cash Return (Investor Snapshot)

Scenario: $645K Purchase

• Gross Income: $84,000/year

• Estimated Expenses: ~$24,372/year

• NOI: ~$59,628/year

• Debt Service: $42,000/year

👉 Estimated Net: ~$17,628/year

👉 Monthly Cash Flow: ~$1,469/month

👉 CoC Return: ~11%

6. Why This Deal Works

• Fully furnished = reduced startup cost

• Stabilized income = lower risk

• No rehab required

• Seller financing in place

• Multiple exit strategies

👉 Long-term rental (currently operating)

👉 Mid-term rental (travel nurse potential)

👉 Short-term rental (furnished setup ready)

7. Location Advantage

Located near:

• Indiana University Health University Hospital

• Children's Museum of Indianapolis

• Riverside Park

👉 Positioned for rental demand and multiple strategies

8. Who This Is Perfect For

• Buy & hold investors

• Multifamily investors

• Investors looking for stabilized, turnkey assets

• Anyone prioritizing steady cash flow over heavy rehab

9.​ Important Notes

• Property taxes: ~$4,232/year

• Buyer to verify all numbers

• Do not contact owner, tenants, or listing party directly

Bottom Line:

This is a stabilized, income-producing quadplex with seller financing and immediate cash flow.​ No rehab.​ No setup.​ Multiple exit strategies.​

SERIOUS INVESTORS ONLY

POF, phone call, and credibility package requested

📞 Call or Text Porscha: 407-706-8854

📧 porscha@granderlegacy.​com

• SELLER FINANCE AVAILABLE
• "Currently $7,000/month with upside via mid-term or short-term rental strategy due to proximity to hospitals and major attractions."
• Ease: turnkey, furnished, no rehab
• Stability: 100% occupied, T12 proven
• Financing: no bank needed
• Upside: mid-term / travel nurse potential
• Multiple Exit Strategies:-
• Long-Term Rental: Stable conventional tenants or Section-8. Already in place.
• Travel Nurse / Corporate: 1.3 mi to IU Health. Premium furnished rates $2,200–$3,200/unit.
• Mid-Term Rental: Furnished Finder, 30-day stays. High demand in hospital corridor.
• Short-Term / Airbnb: Near Indy 500, Children's Museum, downtown. STR upside potential.
• BRRRR / Refinance: Stabilized asset. Refinance out equity once seasoned.
• Hold & Appreciate: Up-and-coming corridor. Strong long-term upside.