403 Main St

Germantown, IL 62245
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3 bd, 1 ba | 1,664 sqft | Built in 1938

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List Price
$123,000

$6.9K

Initial Investment

$33,518

Purchase Price

$123,000

Down Payment

25%

Rent

$1,300

Total Return

$36,143

Annualized Return

17.3%

Cap Rate

7.8%

Gross Yield

12.7%

Cash Flow

$2,110

Appreciation

3.7%
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Features

Lot Size

14,462

HOA

None

Flood Risk

Not Required

Well maintained, move-in ready home on a large lot in the heart of Germantown. Within walking distance to everything. Interior is filled with character and charm. Upper level is partially finished, but floor is covered with insulation. Awaits your personal touch. Backyard is partially fenced for privacy.

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

Expected Rent

$14,820

Expenses

-$3,674

Property Taxes

-$2,350

Loan Payments

-$6,687

Net Cash Flow

$2,110

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:Mark Fruend
Agent License 475.193358
Equity Fifty-Five Realty LLC
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23004656
Last Updated: 02/09/2023 07:02
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