728 Southgate Dr
Belleville, IL 62223
List Price
$109,900
$9.1K
Initial Investment
$29,948Purchase Price
$109,900
Down Payment
25%
Rent
$1,570
Total Return
$58,934
Annualized Return
27.6%
Cap Rate
9.1%
Gross Yield
17.1%
Cash Flow
$3,151
Appreciation
6.8%
Reset to DefaultEdit Assumptions
Features
Lot Size
12,197
HOA
None
Estate - Sold AS IS. Seller will make no repairs nor provide any inspections. Buyer is responsible for occupancy inspection and certificate, to be obtained after closing; Buyer to verify any/all information provided including square footage and lot size. This is a Lender approved short sale of an estate that has a remaining mortgage; All offers must be reviewed/approved by lender, offers will be reviewed after 7 days on the market. Financed offers must include Proof of funds & Lender pre-approval letter; Cash offers must include Proof of Funds; Corporate offers must include Corporate Resolution reflecting authorized signer. Listing Agent is related to the Estate.
See more in Analysis
Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463
Annual Financial Highlights
Expected Rent
$17,898Expenses
-$4,822Property Taxes
-$3,950Loan Payments
-$5,975Net Cash Flow
$3,151See 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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Listing Courtesy of:Cynthia Grosse
Agent License 471013140
Cynthia Grosse
Agent License 471013140
Cynthia Grosse
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23004493
Last Updated: 03/13/2023 18:03
MLS #23004493
Last Updated: 03/13/2023 18:03