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Property details
Beds3
Baths1
Square feet1,225
Year built1951
Property typeSingle Family
CountyCook County
Proforma Turnkey End Buyer
Cash on Cash19.05%
Cap Rate10.66%
IRR31.76%
DSCR1.92x
ARV$168,973
Purchase & Financing
| Purchase price | $168,973 |
| Closing costs | $1,690 |
| Down payment (25%) | $42,243 |
| Loan amount | $126,730 |
| Loan points | $2,535 |
| Interest rate | 6.50% |
| Loan term | 30 years |
| Total out of pocket | $46,468 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $2,055 | $24,660 |
| Vacancy | ($41) | ($493) |
| Property taxes | ($332) | ($3,978) |
| Insurance | ($83) | ($1,000) |
| Maintenance | ($60) | ($725) |
| Net operating income | $1,539 | $18,464 |
| Mortgage (P&I) | ($801) | ($9,612) |
| Net cash flow | $738 | $8,852 |
View full proforma & projections
Projections are based on current rent, taxes, insurance and financing assumptions and are estimates only. Verify all figures independently before investing.
About this property
SECTION 8 RENTED! Newer roof, water heater, furnace, kitchen cabinets and granite, flooring, partial electrical update, updated bathroom.
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is 8%.