941 School Ave Matteson, IL 60443
3bd, 1.5ba | 1,775sqft | Built in 1980
Expand
Initial Investment
$148,025
List Price: $145,000
Purchase Price
$145,000
Down Payment
100%
Rent
$1,775

Total Return
$43,638
Annualized Return
5.8%
Cap Rate
5.4%
Gross Yield
14.7%
Cash Flow
$6,822
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
08/13/2018 
Lease End
07/31/2020 
Lot Size
10,069 
HOA
None
Flood Risk
Not Required
  • Current lease runs to July of 2020
  • Rent is 1.2% of List Price
  • 4 Star Neighborhood Rating
  • Walking distance to shops and restaurants
  • All Roofstock purchases come with Rent Guarantee & Money Back Guarantee

Annual Financial Highlight
Expected Rent
$20,235
Expenses
-$5,613
Property Taxes
-$7,800
Loan Payments
$0

Net Cash Flow
$6,822
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

BESbswy