3 bed / 3 bath ranch rented at $2000/mo for SALE in Yorkville IL

[Sean Morrisey]

Corner Lot, single family home, ranch for sale rented at $2000/month. Tenant lease expires 05/31/19 but they wish to renew lease for 12 months at $2100/month.  Full finished basement with fireplace, full bath, recreational room, office and ability for a wet bar.  Vaulted ceilings on main level with granite countertops in kitchen and 3 seasons room off of kitchen area.  Fully fenced yard. 

Projected Cashflow numbers : 

Sale Price : $259,900

Annual Property Taxes : $6542

Insurance $1000/year

Interest Rate : 5.00%

Downpayment : 25%

Rent : $2000/mo

PITI : $1670.15

GROSS PROFIT : $329.85

Resident interested in renewing lease at $2100/mo to yield $429.85 after 06/01/19. Contact me with questions and find the zillow.com link for photos here : 

221 FAIRHAVEN PHOTOS