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5109 N 50th St

5109 N 50th St, Milwaukee, WI 53218

$112,000

Single Family Home
950 sq/ft
1
2
detached

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.

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