6324 W Richmond Ave

Milwaukee, WI 53210
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4 bd, 2 ba | 1,789 sqft | Built in 1926

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List Price
$130,000

Initial Investment

$38,252

Purchase Price

$130,000

Down Payment

25%

Rent

$1,570

Total Return

$49,901

Annualized Return

19.5%

Cap Rate

7.6%

Gross Yield

14.5%

Cash Flow

$1,885

Appreciation

5.9%
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Features

Occupancy

Occupied

Lease Start

11/01/2020

Lease End

10/31/2021

Property Type

Duplex

Lot Size

4,480

HOA

None

Flood Risk

Not Required

  • Duplex
  • Detached Garage
  • Seller recently made repairs on home, view inspection documents for more info

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$17,897

Expenses

-$5,145

Property Taxes

-$3,800

Loan Payments

-$7,067

Net Cash Flow

$1,885

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