2008 E Main St
Belleville, IL 62221
List Price
$55,000
Initial Investment
$53,275Purchase Price
$45,000
Down Payment
100%
Rent
$763
Total Return
$15,093
Annualized Return
5.6%
Cap Rate
6.8%
Gross Yield
20.3%
Cash Flow
$2,524
Appreciation
4.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
11/01/2015
Lease End
10/31/2016
Lot Size
20,875
HOA
None
Flood Risk
Not Required
- Priced below market value
- Seller recently had roof on house and garage replaced, electrical reviewed, and pest inspection completed in May (invoices in Diligence Vault)
- Long-standing tenants since 2015
- Oversized two-car garage on large lot, 30 minutes to downtown St. Louis
See more in Analysis
Annual Financial Highlights
Expected Rent
$8,693Expenses
-$3,168Property Taxes
-$3,000Loan Payments
$0Net Cash Flow
$2,524See more in Financials
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