SOLD
$112,500
Date 03/19/2020

515 W Mineral St
Platteville, WI 53818

Multi-Family
Residence
2
Beds
1
Baths
912
Sq. Ft.
0.33
Acre Lot
1of
Photos
Map
Courtesy: Century 21 Affiliated
CB The Realty Group> Wisconsin> Platteville> 53818
Great rental location near UW-P. Shows good cash flow assuming 20% down, 20 yr amortization at 5%. May be slightly under rented. Many updates. Water heater 2019. Stacked washer and dryers 2019. Tenants take care of the lawn and snow. Good condition. Income $17280 annually, less expenses* 8250 = $9030 net income before loan payments. Assume $95600 or 80% loan to value = $631 per mo X 12 = $7572 annually, = $1458 est cash flow. Expenses * Taxes $2541, Insurance $904, Gas and Electric $1624, Water $1181, est maintenance $2000. Maintenance varies year to year. Lot is 71 x 113 and is a legal non-conforming lot.
1874716
Multi-Family, Other
2
1 Full
1880
0.33 Acres
Vinyl siding
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