This fantastic large three bedroom, three bathroom condo is located in Bradley
Estates on the Northside of Milwaukee. Just five minutes and 1.2 miles from The
Brown Deer School District.
The condo is located in a beautiful community. The condo is vert spacious with three
large bedrooms, three bathrooms, a lovely spacious kitchen / diner and a full
The property has tenants in place paying $1,050 in rent each month and is under
management with a great local Milwaukee property management company.
Bradley Estates is a small triangular-shaped residential neighborhood located on
Milwaukee’s northwest side about 20 minutes from downtown. The suburb of Brown
Deer borders the area on the north and west sides. Bradley Estates has a median
household income that sits higher than the rest of the city. The community is within the
school district(s), Brown Deer School District with nearby schools including Brown
Deer Elementary School and Brown Deer Middle-high School.
Purchase price: 58,900
Gross annual rental income: $12,600
Property running costs: $5,536
(Tax, insurance and management costs)
Net annual rental income: $7,064
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 12%Break even in 8.33 Years