105 N 3rd St,New Baden,IL,62265

Investment Highlights

Investment property for sale in New Baden at 105 N 3rd St, New Baden, IL, 62265 listed at $160,000 pairs $1,227/mo rent with a $783/mo payment to leave $117/mo cash flow. Total monthly income runs $1,227/mo, and annual cash flow reaches $1,408/yr on $53,040 cash to close. Return on cash invested measures 22.56% in year one, and rental yield registers 9.2% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 118.1% and total cumulative return in cash totals $62,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,227/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).