5911 Il Route 173
Richmond, IL 60071
List Price
$424,900
Initial Investment
$115,785Purchase Price
$424,900
Down Payment
25%
Rent
$1,920
Total Return
$69,468
Annualized Return
8.1%
Cap Rate
1.7%
Gross Yield
5.4%
Cash Flow
-$16,608
Appreciation
6.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
234,788
HOA
None
Flood Risk
High Risk - Zone AE
Resort living just minutes from historic downtown Richmond. Custom stone ranch on nearly 5.5 acres. Enjoy trails, fishing and outdoor activities right in your own back yard! Nicely updated home with hardwood flooring, ceramic tile and custom trim throughout. Updated kitchen featuring Kemper kitchen cabinets and custom tile countertops. Spacious living room is highlighted by a large stone fireplace. 3 shed and a deep two car garage provide plenty of storage. New windows in 2020 and solar panels are owned and transfer with the home. Please note that the home is not located in a flood plain, a portion of the lot is located in a flood plain.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$21,888Expenses
-$3,896Property Taxes
-$11,500Loan Payments
-$23,100Net Cash Flow
-$16,608See 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:Mark Davino
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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12214452
Last Updated: 11/20/2024 22:11
MLS #12214452
Last Updated: 11/20/2024 22:11