3433 N Palmer St Milwaukee, WI 53212
3bd, 1ba | 893sqft | Built in 1919
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Initial Investment
$71,724
List Price: $69,900
Purchase Price
$69,900
Down Payment
100%
Rent
$1,000

Total Return
$37,684
Annualized Return
10.2%
Cap Rate
9.6%
Gross Yield
17.2%
Cash Flow
$6,027
Appreciation
2.8%
Property Management Options
  • 888-442-4172
    chris@vpinvestors.com
    902 E Hamilton St
    Milwaukee, WI 53202
    VP Investors
    Property Management Fee:
    10% of monthly rent collected
    Leasing Fee:
    50% of first month's rent
    Renewal Leasing Fee:
    None
    Maintenance Fee:
    Time (billed at $45/hr) + cost of materials
    Property Setup Fee:
    None
    Marketing Fee:
    None
    Project Management Fee:
    Time (billed at $45/hr) + cost of materials
    Our professional management services include the coordination of property maintenance and repairs, tenant communication and correspondence, attending to your accounting needs, and ensuring that your investment is providing the best return possible. We tailor our services to meet your needs. VP Property Management is a full-service Property Management Company that allows our clients to decide how much or how little they want to be involved. Our consultative style and structure allow us to take into account your entire portfolio focusing on long-term performance and growth.
  • Tips for Self Managing Properties
    You’ve invested in a Rental Property, and are thinking about managing the property yourself? Here are the items you need to be aware of: Renting, Operating, Risk Management
    Self manage / Other
    Renting
    • Get property ready
    • Advertise
    • Show the property
    • Applicant screening
    • Move in tenants

    Operating
    • Collect rent
    • Repair requests
    • Home inspections
    • Move out process

    Risk Management
    • Fair housing
    • Insurance liability
    • Property damage
    • Habitability issues
    • Legal costs
Property Characteristics
  • Roofstock Guarantee
    What is it?
    Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
    Benefits
    • All properties come with our 30-day money back guarantee
    • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
    • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.
Investment Terms
Purchase Price of $69,900 has been established by the Seller and it reflects the price at which Seller is willing to transact. If this property accepts offers, then please submit a reasonable offer for consideration.

Marketplace Fee of $500 must be paid to secure your investment property, remove it from the marketplace and initiate the purchase process.If your offer has a contingency and you cancel before the contingency termination date, the Marketplace fee will be refunded. It is non-refundable in all other cases.

Purchase and Sale Agreement (PSA): A PSA will be delivered electronically promptly following payment of the Marketplace Fee and must be executed by Buyer within 24 hours of receipt.

Earnest Money Deposit (EMD) of $1,500 must be wired to the Title Company within 3 days of PSA signing.

Rent Guaranteed: Up to 1-year rent guaranteed under the Roofstock Rent Payment Guarantee program.

Closing Date: The Closing Date will occur within 15 days of PSA execution for cash transactions and 30 days of PSA execution for financing unless otherwise agreed by Buyer and Seller

Lease Agreement: The current lease agreement will be provided to Buyer at Closing.

Closing Costs: Closing costs shall be paid based on local custom, and will include discounts negotiated by Roofstock to lower transaction costs for Buyers and Sellers. An estimate of closing costs is provided in the Diligence Vault and actual closing costs will be outlined on the final settlement statement.

Title and Settlement Provider: Roofstock's standard closing process includes preferred partners who act as the title and escrow agent for this property. Our preferred partners have agreed to provide discounted escrow and settlement services to purchasers of properties via the Roofstock marketplace to lower your investment costs. If you would like to use a different provider for these services, please contact us.

Listing Broker: ALTUS Commercial Real Estate

Learn more about the investment process