Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$620,000

For Sale - Active
1155 La Salle Ct, Lake Geneva, WI 53147
4 Beds
0 Baths
2,800 Square Feet
0.00 Acres Lot
Built in 2017
For Sale - Active
Units n/a
Checked: 13 hours ago
Updated: Jun 18, 2025 at 03:02AM

Investment Summary


Monthly Cash Flow
-$1,910
Cap Rate
2.6%
Cash-on-Cash Return
-16.1%
Debt Coverage Ratio
0.41
Internal Rate of Return (5 years)
-11.5%

Property Description


0.00 Acres Lot
Built in 2017
For Sale - Active
Units n/a

This stunning custom built Hagen Home blends elegance with modern design. An open concept layout, vaulted ceilings, and high-end finishes create a perfect balance of style and comfort. Luxury appliances elevate the chef's kitchen, while extensive windows frame beautiful natural views. Unique features include an oversized 3-car garage, a custom designed bar and entertainment space in the lower-level walkout, and serene outdoor areas offering peaceful privacy. Enjoy the quiet of a tucked-away retreat just a short walk from the beach, shops, and restaurants--ideal for both relaxation and entertaining. See Seller Updates Document.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Finished, Full, Concrete, Sump Pump

HOA

  • Association: Lake Geneva

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential (Assumed)

Lot Information

  • Parcel ID: ZA424800003
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Prairie/Craftsman
  • Year Built: 2017

Tax Information

  • Annual Tax: $7,142

Utilities

  • Water & Sewer: Public
  • Heating: Natural Gas
  • Cooling: Central Air

Location

  • County: Walworth

Listing Details


Listed by:
Kristin Stone
MELGES Real Estate, LLC
(262) 249-7653

Source:
Wisconsin Real Estate Exchange
MLS#: 803767092432
Wisconsin Real Estate Exchange

Investment Summary


Monthly Cash Flow
-$1,910
Cap Rate
2.6%
Cash-on-Cash Return
-16.1%
Debt Coverage Ratio
0.41
Internal Rate of Return (5 years)
-11.5%

Purchase Details

Find an Agent

Purchase price:
$620,000
Amount financed:
-$496,000
Down payment:
$124,000
Closing costs:
$18,600
Rehab costs:
$0
Initial cash invested:
$142,600
Square feet:
2,800
Cost per square foot:
$221
Monthly rent per square foot:
$1.00

Financing Details

Find a Lender

Loan amount:
$496,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$3,247
Property tax:
$595
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,038

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (21%)
21%-$595-$7,142
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (46%)
46%-$1,295-$15,542

Cash Flow


Monthly Yearly
Net operating income:
$1,337 $16,044
Mortgage payments:
-$3,247 -$38,964
Cash flow:
$1,910 $22,920