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

$275,000

For Sale - Active
654 Geneva National Ave N Unit 6-36, Lake Geneva, WI 53147
2 Beds
0 Baths
1,228 Square Feet
0.00 Acres Lot
Built in 1992
For Sale - Active
Units n/a
Checked: 24 hours ago
Updated: May 31, 2025 at 10:36AM

Investment Summary


Potential Missing Expenses

We noticed that HOA fees are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$675
Cap Rate
3.3%
Cash-on-Cash Return
-12.8%
Debt Coverage Ratio
0.53
Internal Rate of Return (5 years)
-8.4%

Property Description


0.00 Acres Lot
Built in 1992
For Sale - Active
Units n/a

Enjoy picturesque views of the 12th fairway of the Trevino course from this delightful 2BR, 2BA condo. Walk into the oversized living area featuring vaulted ceilings, custom flooring, quartz counter tops, open kitchen great room and gas fireplace. You will appreciate the spacious master suite & bathroom that has been completely renovated. Step out onto your private deck, perfect for morning coffee or evening relaxation. Enjoy the perks of the Geneva National community, complete with a clubhouse, outdoor pool, tennis courts, pickle ball, walking trails and 24 hour gated Security. Whether you're an avid golfer or simply seeking a tranquil retreat, this condo offers a lifestyle of ease and leisure. Don't miss the chance to make this inviting space your own!

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

  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

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

Interior Features

  • # of Stories: 2

HOA

  • Association: Geneva National

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: JGN600036
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Year Built: 1992

Tax Information

  • Annual Tax: $2,415

Utilities

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

Location

  • County: Walworth

Listing Details


Listed by:
Patricia Forbeck
Compass Wisconsin-Lake Geneva
(262) 248-4492

Source:
Wisconsin Real Estate Exchange
MLS#: 803877892668
Wisconsin Real Estate Exchange

Investment Summary


Potential Missing Expenses

We noticed that HOA fees are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$675
Cap Rate
3.3%
Cash-on-Cash Return
-12.8%
Debt Coverage Ratio
0.53
Internal Rate of Return (5 years)
-8.4%

Purchase Details

Find an Agent

Purchase price:
$275,000
Amount financed:
-$220,000
Down payment:
$55,000
Closing costs:
$8,250
Rehab costs:
$0
Initial cash invested:
$63,250
Square feet:
1,228
Cost per square foot:
$224
Monthly rent per square foot:
$1.14

Financing Details

Find a Lender

Loan amount:
$220,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$1,440
Property tax:
$201
Insurance:
$98
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,739

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,400 $16,800
Vacancy loss: (6%)
6% -$84 -$1,008
Operating income:
$1,316 $15,792

Operating Expenses


% Rent Monthly Yearly
Property taxes: (14%)
14%-$201-$2,416
Insurance: (7%)
7%-$98-$1,176
Property management: (8%)
8%-$112-$1,344
Repairs & maintenance: (5%)
5%-$70-$840
Capital expenditures: (5%)
5%-$70-$840
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (39%)
39%-$551-$6,616

Cash Flow


Monthly Yearly
Net operating income:
$765 $9,180
Mortgage payments:
-$1,440 -$17,280
Cash flow:
$675 $8,100