309 N Normal St

Macomb, IL 61455
image0

2 bd, 1 ba | 850 sqft | Built in 1924

slider image
slider image
slider image
List Price
$64,900

Initial Investment

$14,715

Purchase Price

$54,000

Down Payment

25%

Rent

$710

Total Return

$15,536

Annualized Return

16.4%

Cap Rate

7.3%

Gross Yield

15.8%

Cash Flow

$547

Appreciation

4.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

02/01/2022

Lease End

07/31/2023

Lot Size

9,598

HOA

None

Flood Risk

Not Required

  • Seller has owned the home for 15 years and has rarely needed to advertise for renters
  • The property is less than a block from the Western Illinois University campus
  • Detached garage plus plenty of parking
  • Appliances included: washer, dryer, refrigerator, stove and window air conditioners
  • 2-bed, 1-bath home leased through 7/31/2023

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$8,094

Expenses

-$2,612

Property Taxes

-$2,000

Loan Payments

-$2,936

Net Cash Flow

$547

See more in Financials

Similar Listings