938 Maces Grove Rd

O Fallon, IL 62269
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2 bd, 2 ba | 1,280 sqft | Built in 1990

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List Price
$109,900

Initial Investment

$29,948

Purchase Price

$109,900

Down Payment

25%

Rent

$1,050

Total Return

$30,939

Annualized Return

15.1%

Cap Rate

5.6%

Gross Yield

11.5%

Cash Flow

-$400

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

1,307

HOA

$100/mo
2 Story Townhome in Excellent Condition, 2 Bedrooms, 2 baths in this Well kept unit, Recent updates include newer Furnace and Water heater, Appliances in the kitchen including Refrigerator, Range/Oven, Microwave and Dishwasher, Washer and Dryer Negotiable, 2 Brick Fireplaces, Up and Down, Laundry Closet on Main Floor, Eat-in Kitchen, Slider doors Lead to outside Patio and 2 Covered Parking Spots, Outside Storage Unit, Seller to Bring Code Compliant before Closing, HOA covers all Outside Maintenance, Landscaping and Lawn Mowing, Maintenace free living at its best, Come take a Look, Easy to Show

See more in Analysis
Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463

Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$3,745

Property Taxes

-$2,650

Loan Payments

-$5,975

Net Cash Flow

-$400

See more in Financials

Property Characteristics

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.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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:Jeff Franke
Agent License 475123599
Kunkel Wittenauer Group, Inc
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23055574
Last Updated: 09/16/2023 09:09
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