1011 S 56th St
East Saint Louis, IL 62207
List Price
$65,000
$10K
Initial Investment
$17,713Purchase Price
$65,000
Down Payment
25%
Rent
$850
Total Return
$14,613
Annualized Return
11.9%
Cap Rate
4.7%
Gross Yield
15.7%
Cash Flow
-$1,029
Appreciation
5.5%
Reset to DefaultEdit Assumptions
Features
Lot Size
13,068
HOA
None
Charming ranch home offering a perfect investment opportunity! This functional floorplan is ready for your finishing touches with high ceilings and tons of natural light to perfectly complement any style. Located on a large corner lot with easy access to I-255 just minutes from shopping, dining, and entertainment. Complete with a new roof (2021) is the perfect opportunity to expand your portfolio!
See more in Analysis
Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463
Annual Financial Highlights
Expected Rent
$9,690Expenses
-$3,074Property Taxes
-$4,111Loan Payments
-$3,534Net Cash Flow
-$1,029See more in Financials
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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SourceMid America Regional Information Systems (MARIS).
MLS #23021318
Last Updated: 05/19/2023 13:05
MLS #23021318
Last Updated: 05/19/2023 13:05