221 Country Meadow Ln

Belleville, IL 62221
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3 bd, 3 ba | 1,700 sqft | Built in 1978

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List Price
$194,500

Initial Investment

$53,001

Purchase Price

$194,500

Down Payment

25%

Rent

$1,550

Total Return

$52,253

Annualized Return

14.8%

Cap Rate

5.8%

Gross Yield

9.6%

Cash Flow

$51

Appreciation

4.8%
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Features

Lot Size

9,583

HOA

None
This home is much bigger than it looks! It has new flooring throughout, new fresh coat of paint and it has been updated from bottom to top. New counters and updated cabinets with new SS appliances. 3 bathroom makes it perfect for larger families. There is a gas stove in the large family room on the back of the home and also there is an all purpose room. This house has good sized bedrooms and lots and lots of space. Large fenced in backyard with a privacy fence. The attached garage is a one car oversized garage with storage.

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Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463
Annual Financial Highlights

Expected Rent

$17,670

Expenses

-$3,245

Property Taxes

-$3,800

Loan Payments

-$10,574

Net Cash Flow

$51

See 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.
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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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Listing Courtesy of:Cassia Ohashi
Agent License 475.172897
Worth Clark Realty
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23005351
Last Updated: 03/23/2023 15:03
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