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favorite this post $34900 / 4br - 1523ft2 - ~~ Great for a Rental Property or For you to Live in! ~~ (Rock Island) hide this posting unhide

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1106 5th St.

(google map)

4BR / 1.5Ba 1523ft2

house

1106 5th St. Rock Island, IL 61201
Price $34,900

Bedrooms: 4
Baths: 1.5
Single family rancher
Sq Footage: 1,523
Water: city
Sewer: city
heater: gas
AC: central

Good bones. See pictures for more details.

Updates Made recently: new hot water heater, new HVAC, new electrical and some new plumbing
Updates needed: New flooring, paint, other cosmetic updates

Call me to visit my house at show contact info

If you are a real estate investor looking to buy and hold this property then below is some analysis:

Purchase Price: $34,900
Estimated Repairs to get highest rents: $15,000
Transfer Tax: $56
Closing Costs (sale): $698
Buyer's initial investment: $50,654

+ Monthly Rental Income: $925
- Vacancy Reserve: $93
- Monthly Real Estate Taxes: $144
- HOA Fees: $0
- Insurance: $60
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $93
= Net Monthly Operating Income: $536

Your Annual cash return: 12.7%

Call me to visit my house: show contact info
  • do NOT contact me with unsolicited services or offers

post id: 6725269548

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