Summary
1222 Pershing Ave, Davenport IA 52803
This 3 bed / 1.5 bath rental property in Davenport, IA that makes sense for any landlord. Freshly remodeled and rented.
Rental Profit Details:
$1,030 Current Rents ($1,330 Proforma)
(-) $122 monthly tax
(-) $50 monthly insurance
(-) $103 property management
(-) $103 allocation for repairs, vacancy, etc
(=) $652 net monthly cash flow
Tenant Information:
- Tenant pays $1,030 per month (Market is $1,330)
- Tenant's are section 8, good tenants, lease up in July
- Current on Payments
Property Details:
- 3 Beds / 1.5 Bath
- 1900 Year Build
- 1,800 Home Square Feet
- 4,500 Lot Square Feet
- March 17th, 2023 Closing
- Roof new 2015, recently inspected and has 15-20 years of life left
- HVAC Replaced 2006
- Furnace replaced 2019
- Small 1 car garage
- Unfinished basement
- Tenant Occupied at Close
- **Pictures are pre-tenants**, about 5 months old
- In a good condition. Every room except the kitchen has been remodeled, with new electricity, paint, fixtures, and fans. Flooring has all new carpet up and down stairs.
Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided.
End buyers must conduct own due diligence.
The property is to be sold as-is.
Proof of funds is required.
Cash or hard money only.
End buyer pays all closing costs and fees associated with this transaction.
$5,000 Non-Refundable EMD needed to secure the contract.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold