1300 S 34th St

Milwaukee, WI 53215
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3 bd, 1 ba | 1,156 sqft | Built in 1923

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List Price
$124,500

Initial Investment

$32,971

Purchase Price

$120,000

Down Payment

25%

Rent

$1,275

Total Return

$75,295

Annualized Return

28.1%

Cap Rate

7.1%

Gross Yield

12.8%

Cash Flow

$1,264

Appreciation

9.6%
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Features

Occupancy

Occupied

Lease Start

06/01/2020

Lease End

05/31/2021

Lot Size

3,960

HOA

None

Flood Risk

Not Required

  • Roofstock Turnkey property that was completely renovated
  • Brand new roof and new vinyl windows
  • Updated kitchen - new cabinets, countertops, sink & faucet
  • New appliances - gas stove, refrigerator and range hood
  • Hardwood floors refinished and new carpet in the 2nd floor
  • New lights throughout the house and new outlets, switches and plates
  • Fresh coat of paint on the walls, ceilings, basement walls and basement floors
  • Hot water tank only 5 years old, newer 100amp electric panel and furnace only 7 years old
  • Free 1 year home warranty through American Home Shield paid by Seller
  • Click here to learn more about the Roofstock Turnkey program

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Annual Financial Highlights

Expected Rent

$14,535

Expenses

-$3,847

Property Taxes

-$2,900

Loan Payments

-$6,524

Net Cash Flow

$1,264

See more in Financials

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