205 SW 2nd Ave

Aledo, IL 61231
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2 bd, 1 ba | 668 sqft | Built in 1910

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Curb View
List Price
$67,900

Initial Investment

$18,503

Purchase Price

$67,900

Down Payment

25%

Rent

$675

Total Return

$17,612

Annualized Return

14.9%

Cap Rate

6.8%

Gross Yield

11.9%

Cash Flow

$452

Appreciation

4.1%
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Features

Occupancy

Occupied

Lease Start

03/13/2020

Lease End

03/31/2022

Lot Size

5,974

HOA

None

Flood Risk

Not Required

  • Good cap rate
  • Leased through 3/31/2022
  • Near parks and dining options

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$7,695

Expenses

-$2,152

Property Taxes

-$1,400

Loan Payments

-$3,691

Net Cash Flow

$452

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