2045 Monday Dr Elgin, IL 60123
4bd, 2ba | 1,900sqft | Built in 1980
investment property - 2045 Monday Dr, Elgin, IL 60123, Kane - image 0
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investment property - 2045 Monday Dr, Elgin, IL 60123, Kane - image 0
investment property - 2045 Monday Dr, Elgin, IL 60123, Kane - image 1
investment property - 2045 Monday Dr, Elgin, IL 60123, Kane - image 2
List Price
$208,500
Initial Investment : $211,628
Purchase Price
$208,500
Down Payment
100%
Rent
$1,800

Total Return
$55,434
Annualized Return
5.1%
Cap Rate
4.4%
Gross Yield
10.4%
Cash Flow
$8,278
Appreciation
2.0%
Features
Occupancy
Month To Month
Lease Start
06/01/2016 
Lease End
M/M
Lot Size
9,000 
HOA
None
Flood Risk
Not Required

Map Data
Map data ©2020 Google
Map DataMap data ©2020 Google
Map data ©2020 Google
Annual Financial Highlight
Expected Rent
$20,520
Expenses
-$4,842
Property Taxes
-$7,400
Loan Payments
$0

Net Cash Flow
$8,278
Considerations
Property Characteristics    View Details



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. If any prior inspection reports are available, you'll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • 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.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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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