WEEKLY RENTAL INVESTING · MILWAUKEE
Available Milwaukee DSCR property candidates
Privately owned duplexes that may fit DSCR financing, with asking prices, estimated rents and ownership costs. Eligibility still requires lender review.
Checked November 11, 2026 at 8:54 AM Central. Availability and pricing can change after this check.
Two privately owned Milwaukee duplex screening examples at their Homes.com asking prices. Chambers offers stronger modeled stabilized cash flow; both require rent, condition and lender verification. These are not recommendations or promises of financing.
Listed for sale AT CHECK · MEETS ILLUSTRATIVE DSCR TARGET
2463–2465 W Chambers St, Milwaukee
Asking $119,900 · View listing on Homes.com →
Listing brokerage: Bret Duer · The Real Estate Edge, LLC. Listing facts are attributed to the linked source; this is an independent financing illustration, not an IDX listing feed.
- Estimated monthly rent
- $2,150
- Mortgage principal + interest
- $629
- Taxes / insurance / HOA per month
- $162 / $150 / $0
- Total monthly PITIA
- $941
- DSCR (rent ÷ PITIA)
- 2.28
- Rent needed for 1.25 DSCR
- $1,176
- Down payment
- $29,975
- Loan amount
- $89,925
- Estimated closing costs
- $3,597
- Cash reserves held
- $5,000
- Initial repairs assumed
- $0
- Total initial cash modeled
- $38,572
- Vacancy / maintenance / replacements
- $108 / $108 / $108
- Management / owner utilities monthly
- $172 / $175
- Estimated monthly cash flow
- $540
- Estimated annual cash flow
- $6,475
- Cash-on-cash return
- 16.8%
Ownership check
City of Milwaukee assessor checked November 11, 2026: parcel 3100583100, owner MJ DEVELOPMENT LLC. Privately owned, not City-owned.
Rent evidence
Illustrative stabilized rent is $1,200 for the three-bedroom lower and $950 for the two-bedroom upper. Nearby asking-rent examples are 2130 W Chambers (three bedrooms, $1,200) and 2762 N 18th upper (two bedrooms, $950). Asking rents are not signed leases or appraised qualifying rents. Both units are expected vacant at closing; verify delivery, lease-up timing and actual rent before underwriting.
Expenses and verification
Listing-sourced annual tax is $1,946; verify the current bill and reassessment risk. Insurance assumes $150/month, owner water/sewer $125 and lawn/miscellaneous $50. Closing costs assume 3% and cash reserves $5,000. Initial repairs and leasing costs are unknown and excluded, not assumed unnecessary.
The $89,925 modeled loan may be below some DSCR lenders' minimum loan amounts. Confirm small-balance eligibility before relying on financing. The listing reports five bedrooms/two bathrooms; the assessor reports four bedrooms/two bathrooms. Verify the lower unit's third bedroom is legal and acceptable to the appraiser. The cash flow and return shown require stabilization at projected rents, not current income. Unknown repairs, lease-up vacancy and concessions can materially reduce results. Bret Duer is the listing agent for this property.
Listed for sale AT CHECK · MEETS ILLUSTRATIVE DSCR TARGET
2432–2434 N 45th St, Milwaukee
Asking $165,000 · View listing on Homes.com →
Listing brokerage: Cierra Burmeister · Shorewest Realtors, Inc. · MLS 1979974. Listing facts are attributed to the linked source; this is an independent financing illustration, not an IDX listing feed.
- Estimated monthly rent
- $2,100
- Mortgage principal + interest
- $865
- Taxes / insurance / HOA per month
- $192 / $150 / $0
- Total monthly PITIA
- $1,207
- DSCR (rent ÷ PITIA)
- 1.74
- Rent needed for 1.25 DSCR
- $1,509
- Down payment
- $41,250
- Loan amount
- $123,750
- Estimated closing costs
- $4,950
- Cash reserves held
- $5,000
- Initial repairs assumed
- $0
- Total initial cash modeled
- $51,200
- Vacancy / maintenance / replacements
- $105 / $105 / $105
- Management / owner utilities monthly
- $168 / $175
- Estimated monthly cash flow
- $235
- Estimated annual cash flow
- $2,817
- Cash-on-cash return
- 5.5%
Ownership check
City of Milwaukee assessor checked November 11, 2026: parcel 3281430000, owner JM-JBSC FAMILY LIMITED PARTN. Privately owned, not City-owned.
Rent evidence
Stabilized example uses $2,100 total monthly rent. The upper is reported rented for $950 and the lower vacant. Near-term total rent of $2,000 after lower-unit lease-up is more conservative: DSCR about 1.66, cash flow about $158/month and cash-on-cash about 3.7%. Current rent alone is only $950. A nearby 2502 N 45th rental offers half off the first month, so asking rent may overstate effective collected rent.
Expenses and verification
Listing-sourced annual property tax is $2,304; verify the current bill and reassessment risk. Insurance assumes $150/month; owner costs assume $125 water/sewer plus $50 lawn/miscellaneous. Initial repairs and leasing costs are unknown and excluded. Closing costs assume 3% and cash reserves are $5,000.
The 5.5% cash-on-cash result requires stabilization at projected rents and does not represent today's cash flow. Do not assume the occupied unit can immediately be repriced. Vacancy, concessions, condition, repairs and the lender's treatment of projected rent can reduce returns or loan eligibility.
Qualification is not the same as cash flow
A lender may require existing lease rents, an appraiser’s rent schedule, reserves, seasoning and credit checks. Estimated market rent is not permission to raise a tenant’s rent, and may not be the rent a lender accepts. Cash-on-cash here is annual cash flow divided by all modeled cash invested, including reserves. It excludes appreciation, income taxes and principal paydown; unknown repairs can change the result substantially.