163 Central Ave

Matteson, IL 60443
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3 bd, 1 ba | 892 sqft | Built in 1978

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List Price
$84,900

Initial Investment

$83,497

Purchase Price

$82,000

Down Payment

100%

Rent

$1,150

Total Return

$44,029

Annualized Return

9.7%

Cap Rate

6.6%

Gross Yield

16.8%

Cash Flow

$4,641

Appreciation

5.4%
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Features

Occupancy

Occupied

Lease Start

08/01/2019

Lease End

06/30/2021

Lot Size

159,648

HOA

None

Flood Risk

Not Required

  • New A/C unit installed
  • Minimal estimated repairs needed
  • Walking distance to Woodgate Elementary School and Woodgate Park
  • Seller recently made repairs on home, view inspection documents for more info

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Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$4,069

Property Taxes

-$4,400

Loan Payments

$0

Net Cash Flow

$4,641

See more in Financials

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