4608 N 31st St

Milwaukee, WI 53209
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2 bd, 1 ba | 997 sqft | Built in 1954

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List Price
$67,900

Initial Investment

$18,623

Purchase Price

$67,900

Down Payment

25%

Rent

$950

Total Return

$44,993

Annualized Return

30.8%

Cap Rate

8.9%

Gross Yield

16.8%

Cash Flow

$1,679

Appreciation

9.0%
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Features

Occupancy

Occupied

Lease Start

10/01/2018

Lease End

10/01/2019

Lot Size

3,600

HOA

None

Flood Risk

Not Required

  • Recently remodeled 2 Bedroom 1 Bathroom Single Family Home with a newly updated roof, bathroom, and kitchen
  • 9.4% Cap Rate and 17.7% Gross Yield with minimal estimated repair costs
  • In close proximity to Lincoln Park and the Milwaukee River Greenway
  • 21% Annualized Rate of Return
  • Purchase comes with Roofstock Money Back Guarantee and Rent Guarantee

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,459

Property Taxes

-$2,000

Loan Payments

-$3,691

Net Cash Flow

$1,679

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