16118 Cottage Grove Ave

South Holland, IL 60473
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3 bd, 1 ba | 1,008 sqft | Built in 1954

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List Price
$180,000

Initial Investment

$49,050

Purchase Price

$180,000

Down Payment

25%

Rent

$1,850

Total Return

$43,805

Annualized Return

13.6%

Cap Rate

5.8%

Gross Yield

12.3%

Cash Flow

-$210

Appreciation

4.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,117

HOA

None

Flood Risk

Not Required

Come see this great home with great location close to public transportation and the interstate. Resturants,groceries,and stores just minutes away. This home had a rehab done to it with an open concept kitchen/Livingroom area with moveable island. This home comes with all new appliances,the garage has a new garage door and opener,as well as a new AC unit. Come see this beauty before it's gone it's not going to last long.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Jake Fugman
eXp Realty - Jake Fugman - Axon Group

Annual Financial Highlights

Expected Rent

$21,090

Expenses

-$5,015

Property Taxes

-$6,500

Loan Payments

-$9,786

Net Cash Flow

-$210

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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:Carol Moore
Keller Williams Preferred Rlty
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12023284
Last Updated: 04/08/2024 02:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.