3014 N 40th St
Milwaukee, WI 53210
List Price
$72,000
$7.5K
Initial Investment
$23,035Purchase Price
$67,250
Down Payment
25%
Rent
$1,095
Total Return
$24,999
Annualized Return
17.4%
Cap Rate
8.7%
Gross Yield
19.5%
Cash Flow
$1,433
Appreciation
5.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
03/01/2021
Lease End
02/28/2023
Lot Size
4,800
HOA
None
Flood Risk
Not Required
- 4-bed, 1-bath with additional half bath in the basement
- This home was inspected on 4/28/22 and the inspection report is available under the "Analysis" tab. This home is being sold in its current condition with in-place cash flow
- Appliances are not included; they are being rented through the property management company
- PM has told seller repeatedly that this is one of the best tenants they have ever worked with
- Section 8
See more in Analysis
Annual Financial Highlights
Expected Rent
$12,483Expenses
-$4,394Property Taxes
-$3,000Loan Payments
-$3,656Net Cash Flow
$1,433See more in Financials
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