626 Belleville St
Lebanon, IL 62254
List Price
$125,000
Initial Investment
$34,063Purchase Price
$125,000
Down Payment
25%
Rent
$1,668
Total Return
$61,263
Annualized Return
25.5%
Cap Rate
8.6%
Gross Yield
16.0%
Cash Flow
$2,995
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Property Type
Unspecified
Lot Size
7,405
HOA
None
Attention investors - this is a great 4 bedroom ready for you to add to your rental portfolio! Currently leased at $1250/month through 09/08/2023. Boasting charm & character throughout with traditional millwork, built-in shelves and 10'ft ceilings but still offering updates with newer carpet, paint & roof (2020). This unique layout provides each bedroom access to jack & jill bathrooms with 2 bedrooms on the main level and 2 bedrooms upstairs. Large, fenced backyard provides small storage & covered patio great for spring BBQs. Conveniently located within blocks of McKendree University and downtown Lebanon making this a prime investment opportunity! Please do not disturb tenants - no showings until accepted contract.
See more in Analysis
Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463
Annual Financial Highlights
Expected Rent
$19,011Expenses
-$5,543Property Taxes
-$3,678Loan Payments
-$6,796Net Cash Flow
$2,995See 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 #23007617
Last Updated: 03/07/2023 17:03
MLS #23007617
Last Updated: 03/07/2023 17:03