277 W Shelley Rd

Elk Grove Village, IL 60007
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4 bd, 2 ba | 1,791 sqft | Built in 1969

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List Price
$380,000

Initial Investment

$103,550

Purchase Price

$380,000

Down Payment

25%

Rent

$2,670

Total Return

$58,703

Annualized Return

8.9%

Cap Rate

4.6%

Gross Yield

8.4%

Cash Flow

-$4,339

Appreciation

3.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,783

HOA

None

Flood Risk

Not Required

Location, location ,location- walking distance from Busse woods, Marshall Park with its amazing splash pad, Elk Grove Public library and the movie theater, Alexian Brothers Hospital...A perfect ranch style home- the main suite features a full bathroom and plenty of closet space, 3 good size bedrooms and a separate 2nd bathroom. Sunny bright kitchen with plenty of cabinets space , breakfast island and access to the patio. . Spacious family room ;dining room combined with a living room .Separate laundry/mud room A perfect home to call Home. Sold AS-IS

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

Annual Financial Highlights

Expected Rent

$30,438

Expenses

-$5,418

Property Taxes

-$8,700

Loan Payments

-$20,659

Net Cash Flow

-$4,339

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:Kristiana Yordanova
Agent License 475164712
Coldwell Banker Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12122525
Last Updated: 07/27/2024 13:07
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