3260 N 37th St

Milwaukee, WI 53216
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3 bd, 2 ba | 1,405 sqft | Built in 1924

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List Price
$64,900

Initial Investment

$17,434

Purchase Price

$59,000

Down Payment

25%

Rent

$1,200

Total Return

$67,151

Annualized Return

45.3%

Cap Rate

13.3%

Gross Yield

24.4%

Cash Flow

$3,814

Appreciation

12.9%
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Features

Occupancy

Occupied

Lease Start

04/01/2020

Lease End

03/31/2021

Lot Size

4,800

HOA

None

Flood Risk

Not Required

  • Meets 1% rule
  • Attractive cap rate
  • New tenant has paid April rent and pre-paid half of May rent. Please see ledger in diligence vault

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$4,958

Property Taxes

-$1,700

Loan Payments

-$3,208

Net Cash Flow

$3,814

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