2 bedroom house for sale
$300,000 - Decatur IL 62526Details
- Beds: 2
- Baths: 1
- Price: $300,000
- Internal Reference No.: 67994488
- Area: 840 sqft
Overview
This is a package deal of 9 rental properties and seller prefers to sell as a package. Various locations throughout Decatur. 7 of the 9 houses are currently leased. ~$74k in annual gross income and ~$48k in net income when all 9 are rented assuming 5% vacancy. This represents an ~16% cap rate. If financed at 80% LTV the annual cashflow would be about $28k representing a ~45% cash on cash return and an ROI of ~43%. Please contact your real estate agent for a list of addresses and the assumptions behind the financials listed above. For more details and to contact: https://realtyww.info/homes_decatur-d525723/for-sale_i67994488Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-02-08, Viewed 4 times.
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