848 W Terrace Dr

Glenwood, IL 60425
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4 bd, 2 ba | 1,184 sqft | Built in 1963

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List Price
$145,900

Initial Investment

$38,855

Purchase Price

$142,000

Down Payment

25%

Rent

$1,625

Total Return

$18,933

Annualized Return

7.8%

Cap Rate

5.0%

Gross Yield

13.7%

Cash Flow

-$1,558

Appreciation

3.5%
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Features

Occupancy

Occupied

Lease Start

07/09/2019

Lease End

09/30/2021

Lot Size

6,899

HOA

None

Flood Risk

Not Required

  • Leased through 09/30/2021
  • 3.5-star neighborhood
  • Minimal estimated repair/immediate costs

See more in Analysis

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Annual Financial Highlights

Expected Rent

$18,525

Expenses

-$4,763

Property Taxes

-$7,600

Loan Payments

-$7,720

Net Cash Flow

-$1,558

See more in Financials

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