3446 S 62nd St

Milwaukee, WI 53219
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3 bd, 1 ba | 864 sqft | Built in 1953

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List Price
$109,900

Initial Investment

$29,203

Purchase Price

$105,900

Down Payment

25%

Rent

$1,300

Total Return

$58,151

Annualized Return

26.5%

Cap Rate

7.9%

Gross Yield

14.7%

Cash Flow

$1,908

Appreciation

7.9%
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Features

Occupancy

Occupied

Lease Start

09/04/2018

Lease End

09/04/2019

Lot Size

8,512

HOA

None

Flood Risk

Not Required

  • Full interior rehab
  • 9% appreciation in last 12 months
  • <$500 in immediate repairs
  • Close proximity to 4-5 star neighborhoods of Greendale and New Berlin

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Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$4,154

Property Taxes

-$3,000

Loan Payments

-$5,757

Net Cash Flow

$1,908

See more in Financials

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