5261 N 46th St

Milwaukee, WI 53218
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2 bd, 1 ba | 803 sqft | Built in 1951

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List Price
$59,900

Initial Investment

$55,460

Purchase Price

$54,000

Down Payment

100%

Rent

$1,050

Total Return

$52,155

Annualized Return

16.9%

Cap Rate

13.6%

Gross Yield

23.3%

Cash Flow

$6,608

Appreciation

6.8%
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Features

Occupancy

Occupied

Lease Start

09/19/2019

Lease End

09/19/2020

Lot Size

5,160

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Close to parks, shopping, and dining
  • Easy access to downtown Milwaukee (8 mi)
  • Lawn maintenance concession from the monthly rent of $100

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Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$4,162

Property Taxes

-$1,200

Loan Payments

$0

Net Cash Flow

$6,608

See more in Financials

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