620 N Guernsey St

Collinsville, IL 62234
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3 bd, 2 ba | 1,503 sqft | Built in 1925

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List Price
$135,000

Initial Investment

$36,788

Purchase 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%
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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.

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

Expected Rent

$13,908

Expenses

-$2,871

Property Taxes

-$2,900

Loan Payments

-$7,339

Net Cash Flow

$797

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.
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Property Management

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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:Nicole Schweitzer
Agent License 475166214
Re/Max Alliance
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23007378
Last Updated: 02/14/2023 12:02
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