620 N Guernsey St
Collinsville, IL 62234
List Price
$135,000
Initial Investment
$36,788Purchase Price
$135,000
Down Payment
25%
Rent
$1,220
Total Return
$54,568
Annualized Return
20.6%
Cap Rate
6.5%
Gross Yield
10.8%
Cash Flow
$797
Appreciation
6.6%
Reset to DefaultEdit Assumptions
Features
Lot Size
15,682
HOA
None
Looking for an affordable ranch with some great space? Look no further. This remodeled ranch is move in ready and has great space. It is easy to maintain as well. The main living area is a fantastic size with new windows and carpet. Both bathrooms have been recently redone. There are 3 bedrooms and separate dining area that could be used for a dining area or a bonus room. The basement is spotless and great for storage. The roof, furnace, and ac were new in 2021. The water heater is approx 5 yrs old. Newer siding and gutters as well. The home is located on a nice quiet dead end street. Schedule your appt today to see this home.
See more in Analysis
Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463
Annual Financial Highlights
Expected Rent
$13,908Expenses
-$2,871Property Taxes
-$2,900Loan Payments
-$7,339Net Cash Flow
$797See 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 #23007378
Last Updated: 02/14/2023 12:02
MLS #23007378
Last Updated: 02/14/2023 12:02