5172 N 28th St

Milwaukee, WI 53209
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2 bd, 1 ba | 835 sqft | Built in 1939

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List Price
$69,900

Initial Investment

$18,962

Purchase Price

$67,800

Down Payment

25%

Rent

$950

Total Return

$45,425

Annualized Return

30.8%

Cap Rate

9.1%

Gross Yield

16.8%

Cash Flow

$1,840

Appreciation

9.0%
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Features

Occupancy

Occupied

Lease Start

04/25/2020

Lease End

04/24/2022

Lot Size

4,920

HOA

None

Flood Risk

Not Required

  • Roofstock Turnkey property with full renovation completed in Feb '20
  • Free 1 year home warranty through American Home Shield paid by Seller (Cost of $600)
  • Go to join.roofstock.com/turnkey to learn more about the Roofstock Turnkey program
  • New roof, flooring, kitchen, bathroom, drywall and waterproofed basement
  • Updated HVAC and electrical
  • New 2-year lease signed

See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,404

Property Taxes

-$1,900

Loan Payments

-$3,686

Net Cash Flow

$1,840

See more in Financials

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