500 W 1st South St
Mount Olive, IL 62069
List Price
$179,500
Initial Investment
$48,914Purchase 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%
Reset to DefaultEdit 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
$15,732Expenses
-$3,173Property Taxes
-$3,250Loan Payments
-$9,759Net Cash Flow
-$449See 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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Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
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EXP Realty LLC (Payton Blaylock-IL)
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SourceMid America Regional Information Systems (MARIS).
MLS #23004834
Last Updated: 01/31/2023 09:01
MLS #23004834
Last Updated: 01/31/2023 09:01