Milwaukee SFH - 1.96% rule

[Brie Schmidt]

SFH located between Good Hope Road and Mill Road and 60th street and 43rd street on the North Side of Milwaukee

KEY FEATURES
Year Built:1939
Sq Footage:1239 sqft.
Bedrooms:3 Beds
Bathrooms:1 Bath
Parking:2 Garage
Lot Size:6028 Square Feet

This home has been completely remodeled. New roof, flooring, counter tops, paint, carpet, and garage!

Listed for $65,000 rents for $1,275 currently assessed for $69,600 (not assessed after the rehab yet)

Rent $1275

Vacancy 5% - $64

Management 10% - $128

Property Taxes - $160

Insurance - $45

Utilities (estimate) for water and Sewer - $75

Repair 10% - $128

Expenses $600

Cash Flow $675

Contact me at [email protected] for more details