1106 Apache Path

Kankakee, IL 60901
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6 bd, 4 ba | 2,753 sqft | Built in 2007

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List Price
$329,500

Initial Investment

$334,443

Purchase Price

$329,500

Down Payment

100%

Rent

$3,750

Total Return

$202,113

Annualized Return

10.9%

Cap Rate

6.5%

Gross Yield

13.7%

Cash Flow

$19,750

Appreciation

6.3%
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Features
Roofstock Certified

Occupancy

Unspecified

Lease Start

02/01/2021

Lease End

02/28/2021

Property Type

Duplex

Lot Size

13,753

HOA

None

Flood Risk

Not Required

  • Employment nearby - Riverside Medical, Olivete Nazerene University, State Facility
  • Blocks to the Kankakee River
  • Duplex property with good stability and upside

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Annual Financial Highlights

Expected Rent

$42,750

Expenses

-$11,000

Property Taxes

-$12,000

Loan Payments

$0

Net Cash Flow

$19,750

See more in Financials

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