$100,880

3 bed, 1 bath ·  1198 sqft ·  BUILT 1902 


REFERRAL PROGRAM

Refer someone to Turnkey Iowa. If this leads to a sale, you receive $500 for the first property. Any subsequent properties, you receive $250.

SOLD

This property underwent a complete remodel in 2019. A 3rd bedroom was added in the upstairs loft area to maximize the space potential.

With completely new flooring, paint, and light fixtures, the interior looks fresh and updated. There is one bedroom on the first floor, leaving ample space for the living area and large kitchen.

Central AC was added and a new furnace installed. Repairs were made to the siding on both the house and detached garage.

The renovation on this property makes it a great Turnkey for any future investor!


MARKEt RENT

$1,065

Cap Rate

8.1%

neighborhood

1.5 Star


CASH PURCHASE

annual profit

$10,935

ANNUAL Rate of return

10.9%


FINANCED PURCHASE

ANNUAL profit

$7,227

ANNUAL Rate of return

33.5%