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$205,000

Under Contract
615 Breen Dr, Champaign, IL 61820
4 Beds
2 Baths
1,417 Square Feet
0.00 Acres Lot
Built in 1957
Under Contract
Units n/a
Checked: 1 day ago
Updated: Jul 11, 2025 at 03:08AM

Investment Summary


Monthly Cash Flow
$22
Cap Rate
5.8%
Cash-on-Cash Return
0.6%
Debt Coverage Ratio
1.02
Internal Rate of Return (5 years)
4.5%

Property Description


0.00 Acres Lot
Built in 1957
Under Contract
Units n/a

Welcome to 615 Breen-where charm, comfort, and convenience come together in this move-in ready brick home. Freshly painted and featuring vinyl flooring throughout, this cozy residence includes a new microwave and a newer washer and dryer. The spacious living room is bathed in natural sunlight, while the eat-in kitchen offers tile flooring. A functional mudroom provides a seamless connection to the garage and opens to a generously sized backyard, complete with a freshly painted porch that's perfect for entertaining. The roof is less than five years old! You'll also find a handy storage shed, ideal for yard tools. With ample closet space and attic storage, this home checks all the boxes for comfort and practicality. Nestled in a quiet neighborhood within walking distance to Hessel Park and nearby walking trails, it's also just minutes from the University of Illinois, Parkland College, State Farm Center, the football stadium, fitness centers, and more. Don't miss the opportunity to make this delightful home yours-schedule your private showing today!

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Location


Property Details


Parking

  • Description: Garage
  • Details: On Site, Attached, Garage
  • Garage Spaces: 1
  • Spaces Total: 1

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 1
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1
  • Basement Description: Crawl Space

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Roof Material: Asphalt

Land Information

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

Lot Information

  • Parcel ID: 452024153004
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1957

Tax Information

  • Annual Tax: $4,655

Utilities

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

Location

  • County: Champaign

Listing Details


Listed by:
Karina Hiselman
Compass
(815) 900-2474

Source:
Midwest Real Estate Data (MRED)
MLS#: 12395562
Midwest Real Estate Data (MRED)

Investment Summary


Monthly Cash Flow
$22
Cap Rate
5.8%
Cash-on-Cash Return
0.6%
Debt Coverage Ratio
1.02
Internal Rate of Return (5 years)
4.5%

Purchase Details

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Purchase price:
$205,000
Amount financed:
-$164,000
Down payment:
$41,000
Closing costs:
$6,150
Rehab costs:
$0
Initial cash invested:
$47,150
Square feet:
1,417
Cost per square foot:
$145
Monthly rent per square foot:
$1.41

Financing Details

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Loan amount:
$164,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$970
Property tax:
$388
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,498

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (19%)
19%-$388-$4,656
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (44%)
44%-$888-$10,656

Cash Flow


Monthly Yearly
Net operating income:
$992 $11,904
Mortgage payments:
-$970 -$11,640
Cash flow:
$22 $264