3724 Torch Club Rd
Alton, IL 62002
List Price
$189,000
$6K
Initial Investment
$51,503Purchase Price
$189,000
Down Payment
25%
Rent
$2,190
Total Return
$98,499
Annualized Return
26.4%
Cap Rate
8.3%
Gross Yield
13.9%
Cash Flow
$4,333
Appreciation
7.0%
Reset to DefaultEdit Assumptions
Features
Lot Size
23,522
HOA
None
Spacious living room with see thru to kitchen and all appliances are included. Large formal dining room with wood flooring, crown molding, built in buffet/cabinetry, and patio door leading to a huge deck. Upper level master can easily accommodate large furniture and has his/hers closets with built in organizers. Lower level offers a family room with wood burning fireplace, laundry room, 2nd bedroom, 3/4 bath, plenty of storage space, and patio exit to amazing screened in porch. Private deck offers plenty of room for large gatherings, 700 sq ft shed is perfect for outdoor storage needs. The home is in need of some modest cosmetic updating and has been priced aggressively to accommodate the desired changes of its new owner. Come see this amazing piece of property!!! Being sold as-is condition.
See more in Analysis
Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463
Annual Financial Highlights
Expected Rent
$24,966Expenses
-$6,208Property Taxes
-$4,150Loan Payments
-$10,275Net Cash Flow
$4,333See 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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Listing Courtesy of:Chris Kadell
Agent License 475158410
Smart Realty, LTD
Agent License 475158410
Smart Realty, LTD
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23004340
Last Updated: 03/15/2023 13:03
MLS #23004340
Last Updated: 03/15/2023 13:03