Subject-To
Subject-To: 3BR Single Family · Take Over Payments · Springfield, IL
3161 W White Oaks Dr, Springfield, IL · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units3
Beds / baths5 / 2
Living area2,212 sqft
Lot0.22 acres
Year built1950
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in Springfield, IL. Take over the existing mortgage payments and acquire the deed for $135,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 6%
- Net operating income
- $19,320/yr
- Cash flow
- +$1,610/mo
- Occupancy
- 2 of 3 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.