302 Marion St

Cahokia, IL 62206
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3 bd, 1 ba | 975 sqft | Built in 1960

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List Price
$62,500

Initial Investment

$17,031

Purchase Price

$62,500

Down Payment

25%

Rent

$891

Total Return

$29,737

Annualized Return

25.9%

Cap Rate

9.6%

Gross Yield

17.1%

Cash Flow

$1,965

Appreciation

5.5%
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Features

Lot Size

7,619

HOA

None
Welcome! Recently rehabbed. Fresh paint throughout house, newer HVAC (2), hot water heater (2), carpet (2), roof (6 mos), whole house fan. Home features 3 BD, 1 BA, Living Room, Kitchen with huge fenced backyard for your entertaining pleasure. Located near schools, shopping, public transportation and so much more! Home won't last long! Contact an agent today!

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

Expected Rent

$10,157

Expenses

-$2,835

Property Taxes

-$1,960

Loan Payments

-$3,398

Net Cash Flow

$1,965

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.
  • 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.

Similar Listings



Listing Courtesy of:Latitia Williams
Agent License 475155918
Coldwell Banker Brown Realtors
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23004371
Last Updated: 02/01/2023 14:02
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