3724 Torch Club Rd

Alton, IL 62002
image0

2 bd, 2 ba | 1,755 sqft | Built in 1972

slider image
slider image
slider image
List Price
$189,000

$6K

Initial Investment

$51,503

Purchase 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%
refreshReset to Default
Edit 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

$24,966

Expenses

-$6,208

Property Taxes

-$4,150

Loan Payments

-$10,275

Net Cash Flow

$4,333

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:Chris Kadell
Agent License 475158410
Smart Realty, LTD
Certified Agent Brokerage:Payton Blaylock
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
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.