2904 Swallow Ln

Rolling Meadows, IL 60008
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3 bd, 2 ba | 1,800 sqft | Built in 1955

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List Price
$349,900

Initial Investment

$95,348

Purchase Price

$349,900

Down Payment

25%

Rent

$2,830

Total Return

$104,317

Annualized Return

15.6%

Cap Rate

5.2%

Gross Yield

9.7%

Cash Flow

-$2,181

Appreciation

5.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,891

HOA

None

Flood Risk

Not Required

This beautifully updated ranch home with HUGE ADDITION is ready for you to move in and enjoy. Freshly painted and featuring gleaming floors throughout, this residence offers a spacious and inviting layout. The big eat-in kitchen boasts stainless steel appliances, plenty of cabinets, and ample counter space, making it a perfect space for cooking and gathering. The sunny living room and dining room combination provides a bright and open area for relaxation and entertainment. The private family room, with sliding doors leading to the backyard, offers a cozy retreat. The large master bedroom comes with its own private bathroom, ensuring comfort and convenience. Both bathrooms have been nicely updated, adding a modern touch to this charming home. Situated in the heart of Rolling Meadows, this home offers unparalleled convenience. It's just a few minutes to the highway and the Metra train, making commuting a breeze. You can walk to stores, restaurants, schools, banks, and the library. Plus, it's close to Woodfield Mall and many wonderful parks, providing plenty of options for shopping, dining, and recreation.

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

Annual Financial Highlights

Expected Rent

$32,262

Expenses

-$5,970

Property Taxes

-$9,450

Loan Payments

-$19,022

Net Cash Flow

-$2,181

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:Magdalena Malyszko
Agent License 475134463
HomeSmart Connect LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12194061
Last Updated: 10/22/2024 13:10
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