3947 N 29th St

Milwaukee, WI 53216
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3 bd, 1 ba | 1,194 sqft | Built in 1946

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List Price
$77,000

Initial Investment

$21,107

Purchase Price

$68,000

Down Payment

25%

Rent

$995

Total Return

$55,656

Annualized Return

30.3%

Cap Rate

7.2%

Gross Yield

17.6%

Cash Flow

$493

Appreciation

12.9%
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Features

Occupancy

Unspecified

Lease Start

04/12/2018

Lease End

03/31/2019

Lot Size

4,920

HOA

None

Flood Risk

Not Required

  • Solid 5.5% cap rate
  • Below market rent
  • Long-term tenant is month-to-month

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Annual Financial Highlights

Expected Rent

$11,343

Expenses

-$3,753

Property Taxes

-$3,400

Loan Payments

-$3,697

Net Cash Flow

$493

See more in Financials

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