• Bedrooms: 5
  • Bathrooms: 1
  • Area: 1896 sq ft
  • Lot size: 1.5 acres
  • Year built: 1910

Description

Bungalow home with 5 bedrooms, 1 bath and approximately 1896 square feet of living space. Built in 1910, a lot is required to make this home move in ready but this house is a great option. The lot is over 1.5 acres.  Please call 321-286-8253 and ask for Dale or email at dale@obreo.net.

425 S 9th St Hamilton, IL

5 Beds / 1 Bath on 1.6 acres

Cash Price:  $25950

Financing Available:  $1,900 down and payments of $402.56 per month

Average Rents in Area:  $1200

Comparable Sales:

5 Dania Dr Sold for $87000 July 2018

1860 Oak St Sold for $125,000 Nov 2017

1660 Locust St Sold for $105,000 Nov 2017

Fix up and make a rental:

$25,950 Purchase price

$1000 closing costs

$25000 estimated repairs

Total Invested:  $51,950

Gross Annual Rent:  $14,400

Insurance Cost $750 yr

Property Tax Cost $1200 yr

Mgmnt Co: $1440

Vacancy:  $1440

Repairs / Maintenance:  $1440

NOI:  $8130

ROI:  15.64%

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