1308 43rd St

Rock Island, IL 61201
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2 bd, 1 ba | 900 sqft | Built in 1942

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List Price
$59,900

Initial Investment

$13,625

Purchase Price

$50,000

Down Payment

25%

Rent

$825

Total Return

$17,777

Annualized Return

19.8%

Cap Rate

8.2%

Gross Yield

19.8%

Cash Flow

$828

Appreciation

4.8%
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Features

Occupancy

Occupied

Lease Start

03/01/2021

Lease End

02/28/2023

Lot Size

40,075

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$3,358

Property Taxes

-$2,500

Loan Payments

-$2,718

Net Cash Flow

$828

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