Description
This beautiful two bedroom, one bath single-family Home is going to make someone a very happy tenant; and a very happy property owner! Like all our properties, this is a cash flowing rental property in a great Milwaukee neighborhood and we gave it the full Storehouse 3:10 treatment! You can expect a full home remodel including Luxury Vinyl Plank flooring, brand new cabinets and counters, new doors and windows and of course the signature Mama G light fixture!
Follow along with us on the remodel journey on our YouTube Channel – Storehouse 3:10 Ventures – and click here to watch the initial walkthrough of the property! Want to see more of our properties? Click here!
——— SOLD ———
PROFORMA*:
MONTHLY RENT : $1,250.00
MONTHLY EXPENSES** : $912.82
MONTHLY CASH FLOW : $337.18
CASH ON CASH RETURN : 16.25%
View Analysis Here
View Final Walkthrough Here
* Assumes conventional financing with a 20% down payment, 30 year fixed rate mortgage at 4.5% interest.
** Expense calculations include mortgage (PITI), 7% vacancy, 8% property management, 5% maintenance, and 5% capital expenditures.