Description

This beautiful Duplex is going to make someone a very happy tenant, and a very happy property owner! This cash flowing rental property is in a great Milwaukee neighborhood and we are going to give it the full Storehouse 3:10 treatment! You can expect a full 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! 

———  SOLD  ———

PROFORMA*:

   MONTHLY RENT :                                                                  $1,750

   MONTHLY EXPENSES** :                                                     $1,192.97

   MONTHLY CASH FLOW :                                                     $557.03

   CASH ON CASH RETURN :                                                   15.50%

View Analysis 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.