21 Drexel Dr

Cahokia, IL 62206
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4 bd, 1 ba | 1,225 sqft | Built in 1957

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Sale Pending

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List Price
$79,500

Initial Investment

$21,664
Pre-approval letter or proof of funds required.

Purchase Price

$79,500

Down Payment

25%

Rent

$950

Total Return

$30,308

Annualized Return

20.5%

Cap Rate

7.6%

Gross Yield

14.3%

Cash Flow

$1,083

Appreciation

5.5%
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Features

Occupancy

Occupied

Lease Start

03/09/2022

Lease End

08/31/2023

Lot Size

8,261

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • 4-bed, 1-bath home on a residential street
  • 5-minute drive to grocery stores and schools

See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,324

Property Taxes

-$2,100

Loan Payments

-$4,322

Net Cash Flow

$1,083

See 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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