17089 Trapet Ave

Hazel Crest, IL 60429
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2 bd, 1 ba | 760 sqft | Built in 1948

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List Price
$75,500

Initial Investment

$20,574

Purchase Price

$75,500

Down Payment

25%

Rent

$1,630

Total Return

$24,235

Annualized Return

21.8%

Cap Rate

11.7%

Gross Yield

25.9%

Cash Flow

$3,578

Appreciation

1.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,650

HOA

None

Flood Risk

Not Required

This cozy two-bedroom ranch is ideal for new homebuyers or anyone looking to downsize to a more manageable living space. This home requires a little tender loving care and is on a quiet, tree-lined street. It has the potential to improve its value. This cute house is only 2 miles from the new Casio in Homewood. It features an eat-in kitchen with a spacious breakfast area and includes appliances. The laundry area comes equipped with a washer and dryer. The backyard offers plenty of room to roam, with a large patio, a storage shed, and a fenced yard with a garage. Previously, this property served successfully as a rental for many years. The home is being sold "AS-IS."

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$18,582

Expenses

-$5,909

Property Taxes

-$4,990

Loan Payments

-$4,105

Net Cash Flow

$3,578

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:Milton Payton
Agent License 475135862
RE/MAX 10
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12212552
Last Updated: 11/19/2024 15:11
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