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

$194,900

Sold
167 N 78th St, Milwaukee, WI 53213
3 Beds
0 Baths
1,160 Square Feet
0.00 Acres Lot
Built in 1923
Sold
1 Units
Checked: 6 hours ago
Updated: Jul 23, 2025 at 11:27PM

Investment Summary


Monthly Cash Flow
-$76
Cap Rate
5.7%
Cash-on-Cash Return
-2.0%
Debt Coverage Ratio
0.92
Internal Rate of Return (5 years)
2.0%

Property Description


0.00 Acres Lot
Built in 1923
Sold
1 Units

So much to offer in this adorable Bungalow! Relax on the grand front porch w/ easy care composite-like deck boards. Enjoy the trendy tile floor in open living/dining room. Newer attractive KT has loads of counter space & stylish cabinets. 1st floor Master BR includes open closet organizers & full bath. Upper level has 2 BRs, full BA (includes whirlpool tub), den/office and a bonus nook for reading or another office. Rec room includes bar w/ retro bar stools. The most efficient use of space throughout. 2020 roof, re-built chimney, exterior side door, 2014 furnace & AC. Fenced yard. Large 2.5 car GA w/ storage loft + parking space for boat/trailer. Fabulous walkable location to Blue's Eggs, Bruegger's, Gilles, Pic'n'Save, CVS & Dyer Field. Easy freeway access too.

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: Detached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 5
  • Basement Description: Full

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)

HOA

  • Association: Milwaukee

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 4070664000
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1923

Tax Information

  • Annual Tax: $3,842

Utilities

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

Location

  • County: Milwaukee

Listing Details


Listed by:
Mary Skanavis
Homeowners Concept
(414) 550-6769

Source:
Wisconsin Real Estate Exchange
MLS#: 800778375540
Wisconsin Real Estate Exchange

Investment Summary


Monthly Cash Flow
-$76
Cap Rate
5.7%
Cash-on-Cash Return
-2.0%
Debt Coverage Ratio
0.92
Internal Rate of Return (5 years)
2.0%

Purchase Details

Find an Agent

Purchase price:
$194,900
Amount financed:
-$155,920
Down payment:
$38,980
Closing costs:
$5,847
Rehab costs:
$0
Initial cash invested:
$44,827
Square feet:
1,160
Cost per square foot:
$168
Monthly rent per square foot:
$1.55

Financing Details

Find a Lender

Loan amount:
$155,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$998
Property tax:
$320
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,444

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (18%)
18%-$320-$3,842
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (43%)
43%-$770-$9,242

Cash Flow


Monthly Yearly
Net operating income:
$922 $11,064
Mortgage payments:
-$998 -$11,976
Cash flow:
$76 $912