1601 Armand Dr

Cahokia, IL 62206
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3 bd, 1 ba | 1,254 sqft | Built in 1956

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List Price
$45,000

Initial Investment

$44,444

Purchase Price

$43,660

Down Payment

100%

Rent

$825

Total Return

$28,459

Annualized Return

11.7%

Cap Rate

9.0%

Gross Yield

22.7%

Cash Flow

$3,345

Appreciation

5.5%
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Features

Occupancy

Occupied

Lease Start

04/21/2020

Lease End

04/20/2021

Lot Size

7,405

HOA

None

Flood Risk

Not Required

  • Roofstock Turnkey property
  • Free 1 year home warranty through American Home Shield paid by Seller
  • Just renovated and finished prior to new tenant move-in
  • New electrical update, renovated bathrooms, fresh paint through out, hardwood floors, new kitchen flooring, new light fixtures, renovated kitchen counters, cabinets, and landscaping
  • Roof is 3 years old. HVAC and Water Heater are 2 years old
  • All repairs made per private inspection
  • New tenant with 1 year lease
  • Go to join.roofstock.com/turnkey to learn more about the Roofstock Turnkey program

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Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$3,560

Property Taxes

-$2,500

Loan Payments

$0

Net Cash Flow

$3,345

See more in Financials

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