13722 S COTTONWOOD LN

PLAINFIELD, IL 60544
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2 bd, 2 ba | 1,483 sqft | Built in 1989

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List Price
$300,000

Initial Investment

$81,750

Purchase Price

$300,000

Down Payment

25%

Rent

$2,320

Total Return

$73,862

Annualized Return

12.8%

Cap Rate

4.2%

Gross Yield

9.3%

Cash Flow

-$4,723

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,178

HOA

$165/mo

Flood Risk

Not Required

Great deal on this ranch home in Carillon, a 55+ adult community. A front porch greets you opening up to soaring ceilings in the living room and dining room combination. The sliding glass doors open to a large deck with seating. The kitchen provides countertop space, appliances and an eat in area. Wonderful owner's suite offers a soaker tub and separate walk-in shower. The owner's suite also provides plenty of storage with 2 closets, one being a walk in with a laundry hookup. The secondary bedroom has a bathroom next to it. The basement is unfinished with plenty of storage and a second laundry hookup. 2 car garage. Updates include a NEW ROOF, luxury vinyl flooring, carpet and the home has been freshly painted. The seller will consider an appliance credit as well as a home warranty. Live like you're on vacation and enjoy all Carillon has to offer: 3 Pools (one indoor), Tennis & Pickleball Courts, Clubhouse with numerous activities including Billiards, Wood & Ceramic Shops & a Huge Theatre which serves as a place for Dances, Shows and more! THREE 9-hole golf courses. Close to shopping, highways and restaurants.

See more in Analysis
Jake Fugman
eXp Realty - Jake Fugman - Axon Group

Annual Financial Highlights

Expected Rent

$26,448

Expenses

-$6,762

Property Taxes

-$8,100

Loan Payments

-$16,310

Net Cash Flow

-$4,723

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Ellen Williams
Agent License 471003336
Coldwell Banker Real Estate Group
Certified Agent Brokerage:Jake Fugman
eXp Realty - Jake Fugman - Axon Group
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12295440
Last Updated: 02/21/2025 13:02
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