500 W 1st South St

Mount Olive, IL 62069
image0

3 bd, 2 ba | 1,674 sqft | Built in 1929

slider image
slider image
slider image
List Price
$179,500

Initial Investment

$48,914

Purchase Price

$179,500

Down Payment

25%

Rent

$1,380

Total Return

$61,827

Annualized Return

17.7%

Cap Rate

5.5%

Gross Yield

9.2%

Cash Flow

-$449

Appreciation

6.3%
refreshReset to Default
Edit Assumptions
Features

Lot Size

12,040

HOA

None
Come see this large 3 bedroom, 2 full bath home on a large corner lot. The main floor has plenty of space for entertaining with a large kitchen with center island and custom cabinetry - all appliances stay - large dining room and living room with a great layout. The main floor also has a full bath. Upstairs there are 3 large bedrooms and a large bath. 2 bedrooms feature vaulted ceilings with exposed wood accents. All wood and ceramic tile flooring surfaces throughout the home. 2 separate heating/cooling systems - 1 for the main floor and 1 upstairs. The large backyard has a complete privacy fence. Large 2 car detached garage with plenty of room to work. Conveniently located just minutes from the school and Interstate 55. Call today for your private showing!

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

Expected Rent

$15,732

Expenses

-$3,173

Property Taxes

-$3,250

Loan Payments

-$9,759

Net Cash Flow

-$449

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:Thomas Daugherty
Agent License 475.174152
Cisler & Assoc Real Estate
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23004834
Last Updated: 01/31/2023 09:01
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.