18768 W Highfield Dr W
Lake Villa, IL 60046
List Price
$423,000
$12K
Initial Investment
$115,268$
about the purchase process.
Purchase Price
$423,000
Down Payment
25%
Rent
$3,400
Total Return
$48,568
Annualized Return
6.6%
Cap Rate
4.0%
Gross Yield
9.6%
Cash Flow
-$7,808
Appreciation
3.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
02/01/2021
Lease End
01/31/2023
Lot Size
9,374
HOA
$31/mo
Flood Risk
Not Required
- Spacious 4-bed, 2.5-bath home in desirable neighborhood, The Shires of Cambridge in Lake Villa
- Highlights include stainless steel appliances and an island in the kitchen, stone fireplace and high ceiling in the family room, 2-story foyer, and a large, fenced backyard with patio
- Primary suite features two walk-in closets and luxury bath with tub and separate shower
- Leased through 1/31/2023
See more in Analysis
Annual Financial Highlights
Expected Rent
$38,760Expenses
-$9,472Property Taxes
-$14,100Loan Payments
-$22,997Net Cash Flow
-$7,808See more in Financials
Property Characteristics
Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
- This property will be professionally inspected before closing.
- You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
- Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
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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