Summary
5619 N Montello Dr, Peoria IL 61604
This 1958 built, 3 bed / 1 bath property in Peoria, IL makes sense for any flipper or rental investor, even in today's changing real estate market. Great condition and excellent location for the price.
Flip Profit Details:
$165,000 ARV
(*) 95% for sale commissions
(-) $84,000 purchase price
(-) $15,000 rehab budget
(-) $5,000 closing / holding cost
(=) $52,750 profit
Rental Profit Details:
$1,200 monthly market rents
(-) $203 monthly tax
(-) $27 monthly insurance
(-) $120 property management
(-) $120 allocation for repairs, vacancy, etc
(=) $730 net monthly cash flow
Property Details:
3 Beds / 1 Bath
1958 Year Build
1,040 Home Square Feet
6,534 Lot Square Feet
March 24th, 2023 Closing
Vacant at Close
Recent Updates:
- New vinal windows
- New siding
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