2104 Doris Ave

Cahokia, IL 62206
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3 bd, 2 ba | 924 sqft | Built in 1993

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List Price
$50,500

Initial Investment

$48,720

Purchase Price

$48,000

Down Payment

100%

Rent

$825

Total Return

$37,112

Annualized Return

14.0%

Cap Rate

11.1%

Gross Yield

20.6%

Cash Flow

$4,747

Appreciation

5.5%
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Features

Occupancy

Occupied

Lease Start

04/01/2018

Lease End

07/31/2020

Lot Size

10,063

HOA

None

Flood Risk

Not Required

  • Leased through 7/31/2020
  • Seller completed repairs
  • Meets 1% rule with attractive cap rate

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$3,358

Property Taxes

-$1,300

Loan Payments

$0

Net Cash Flow

$4,747

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