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$1,495,000

For Sale - Active
5618 County Road M, West Bend, WI 53095
1 Bed
0 Baths
1,368 Square Feet
0.00 Acres Lot
Built in 1890
For Sale - Active
Units n/a
Checked: 12 hours ago
Updated: Jul 11, 2025 at 06:31PM

Investment Summary


Monthly Cash Flow
-$6,431
Cap Rate
1.0%
Cash-on-Cash Return
-22.4%
Debt Coverage Ratio
0.16
Internal Rate of Return (5 years)
-17.7%

Property Description


0.00 Acres Lot
Built in 1890
For Sale - Active
Units n/a

Rare opportunity to own 54 breathtaking acres of classic Kettle Moraine landscape! This legacy estate features an extensively renovated 1-bed/1.5 bath/1,368sqft farmhouse featuring new plumbing, new electrical, fully restored Black Ash HWFs, natural WB FP, and charming modern amenities including a walk-in pantry, main level laundry, a well-appointed kitchen and maintenance free Fiber Cement Siding. Enjoy 29 wooded acres with groomed UTV and walking trails, plus an additional 25 tillable acres ideal for crops or a future hobby farm. Three spring-fed ponds dot the landscape, perfect for fishing, watching waterfowl, or simply relaxing by the water's edge. A new 40x90 outbuilding with concrete floors includes a 40x30 workshop with 10'x12' electric OH doors and plumbing for in-floor heat .

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Location


Property Details


Parking

  • Details: Detached
  • Garage Spaces: 7
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 1

Bathroom Information

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

Interior Features

  • # of Stories: 1
  • Basement: Yes
  • Basement Description: Full

Land Information

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

Lot Information

  • Parcel ID: T110666
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Farmhouse/National Folk
  • Year Built: 1890

Tax Information

  • Annual Tax: $3,496

Utilities

  • Water & Sewer: Well, Private
  • Heating: Electric, Propane, Heat Pump

Location

  • County: Washington

Listing Details


Listed by:
Katrina Hanson
Hanson & Co. Real Estate
(262) 353-1800

Source:
Wisconsin Real Estate Exchange
MLS#: 803855352938
Wisconsin Real Estate Exchange

Investment Summary


Monthly Cash Flow
-$6,431
Cap Rate
1.0%
Cash-on-Cash Return
-22.4%
Debt Coverage Ratio
0.16
Internal Rate of Return (5 years)
-17.7%

Purchase Details

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Purchase price:
$1,495,000
Amount financed:
-$1,196,000
Down payment:
$299,000
Closing costs:
$44,850
Rehab costs:
$0
Initial cash invested:
$343,850
Square feet:
1,368
Cost per square foot:
$1,093
Monthly rent per square foot:
$1.61

Financing Details

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Loan amount:
$1,196,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$7,658
Property tax:
$291
Insurance:
$154
Private mortgage insurance (PMI):
$0
Monthly payment:
$8,103

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,200 $26,400
Vacancy loss: (6%)
6% -$132 -$1,584
Operating income:
$2,068 $24,816

Operating Expenses


% Rent Monthly Yearly
Property taxes: (13%)
13%-$291-$3,496
Insurance: (7%)
7%-$154-$1,848
Property management: (8%)
8%-$176-$2,112
Repairs & maintenance: (5%)
5%-$110-$1,320
Capital expenditures: (5%)
5%-$110-$1,320
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (38%)
38%-$841-$10,096

Cash Flow


Monthly Yearly
Net operating income:
$1,227 $14,724
Mortgage payments:
-$7,658 -$91,896
Cash flow:
$6,431 $77,172