3433 N Palmer St

Milwaukee, WI 53212
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3 bd, 1 ba | 893 sqft | Built in 1919

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List Price
$69,900

Initial Investment

$71,724

Purchase Price

$69,900

Down Payment

100%

Rent

$1,000

Total Return

$51,670

Annualized Return

13.1%

Cap Rate

9.5%

Gross Yield

17.2%

Cash Flow

$5,976

Appreciation

6.3%
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Features

Occupancy

Vacant

Lot Size

4,719

HOA

None

Flood Risk

Not Required

  • Meets 1% rule, attractive cap rate
  • New upgrades and repairs
  • Historic details, wood floors, basement
  • Convenient to shopping, urban farm, riverfront greenway, downtown Milwaukee (3 mi)

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Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$3,624

Property Taxes

-$1,800

Loan Payments

$0

Net Cash Flow

$5,976

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