115 Melvin Dr

Cahokia, IL 62206
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3 bd, 1 ba | 936 sqft | Built in 1958

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List Price
$47,500

Initial Investment

$44,561

Purchase Price

$43,000

Down Payment

100%

Rent

$725

Total Return

$27,433

Annualized Return

11.4%

Cap Rate

8.9%

Gross Yield

20.2%

Cash Flow

$3,330

Appreciation

5.5%
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Features

Occupancy

Occupied

Lease Start

12/04/2017

Lease End

09/07/2021

Lot Size

7,500

HOA

None

Flood Risk

Not Required

  • Seller recently made repairs on home, view inspection documents for more info

See more in Analysis

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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,835

Property Taxes

-$2,100

Loan Payments

$0

Net Cash Flow

$3,330

See more in Financials

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