3941 N 24th Pl

Milwaukee, WI 53206
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3 bd, 1 ba | 1,056 sqft | Built in 1926

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List Price
$67,900

Initial Investment

$20,911

Purchase Price

$62,500

Down Payment

25%

Rent

$1,200

Total Return

$41,332

Annualized Return

30.0%

Cap Rate

12.6%

Gross Yield

23.0%

Cash Flow

$3,638

Appreciation

7.2%
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Features

Occupancy

Occupied

Lease Start

09/11/2018

Lease End

09/11/2019

Lot Size

4,320

HOA

None

Flood Risk

Not Required

  • 9.7% Cap Rate
  • Less than 4 miles to the University of Wisconsin-Milwaukee
  • Walking distance to conveniences such as chain restaurants and Walgreens
  • Seller has factored repairs into list price. Local property manager can assist buyer with any repairs.
  • Every Roofstock Purchase comes with our Money Back Guarantee
  • Tenant receives $100 concession monthly for lawn care and snow removal.

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$4,844

Property Taxes

-$1,800

Loan Payments

-$3,398

Net Cash Flow

$3,638

See more in Financials

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