4114 N Park Dr
Belleville, IL 62226
List Price
$103,000
$7K
Initial Investment
$28,068Purchase Price
$103,000
Down Payment
25%
Rent
$1,340
Total Return
$40,120
Annualized Return
21.5%
Cap Rate
8.2%
Gross Yield
15.6%
Cash Flow
$2,087
Appreciation
5.1%
Reset to DefaultEdit Assumptions
Features
Property Type
Unspecified
Lot Size
6,534
HOA
None
Tenant occupied with rents current. Currently month to month at $1,025/m. In the last twelve months, the Seller has installed new appliances and new waterproofing under the house with pump as well as new exterior lighting with new toilet and electrical in living room. Selling "AS IS". Inspections for Buyer's knowledge only. Seller to make no repairs and will not provide updated City occupancy inspection. Information provided is from sources believed accurate. However, Agents/Buyers should verify all information. Seller is selling multiple properties in Belleville. Here is an opportunity to build a rental portfolio or add to your existing one. Check out 1024 S Charles St (MLS# 23013410), 651 North 39th St (MLS# 23013369), 306 South 20th St (MLS#23012900), 4119 North Park Dr (MLS# 23009577), 25 Buckingham Rd (MLS# 23013411).
See more in Analysis
Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463
Annual Financial Highlights
Expected Rent
$15,276Expenses
-$4,386Property Taxes
-$3,203Loan Payments
-$5,600Net Cash Flow
$2,087See 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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SourceMid America Regional Information Systems (MARIS).
MLS #23012896
Last Updated: 04/14/2023 20:04
MLS #23012896
Last Updated: 04/14/2023 20:04