$116,700

3 bed, 1 bath ·  1004 sqft ·  BUILT 1940 


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 would make a great single family home, or a fantastic investment property to add to your portfolio! It was completely renovated in 2019 and has beautiful, refinished hardwood floors. The downstairs has a large living space, two bedrooms, a bathroom and kitchen. The upstairs has a hallway leading to the largest bedroom in the home, with ample natural light and a retreat-like atmosphere. The basement has newly finished epoxy floors with two separate rooms, creating plenty room for storage, a workshop, laundry etc. There's a detached garage near the back of the home as well as a large backyard and a magnificent shade tree. Take a look at the before and after photos to see the amazing transformation! If you're investor, you might be interested in the complete property summary and 10-year projections.


MARKEt RENT

$1,050

Cap Rate

5.7%

neighborhood

2.5


CASH PURCHASE

annual profit

$10,095

ANNUAL Rate of return

8.5%


FINANCED PURCHASE

ANNUAL profit

$5,712

ANNUAL rate of return

22.7%