← All properties
Property details
Beds6
Baths2
Square feet1,298
Year built1989
Property typeSingle Family
CountyCook County
Proforma Turnkey End Buyer
Cash on Cash15.50%
Cap Rate9.76%
IRR28.69%
DSCR1.78x
ARV$275,000
Equity$15,500
Purchase & Financing
| Purchase price | $259,500 |
| Closing costs | $5,190 |
| Down payment (25%) | $64,875 |
| Loan amount | $194,625 |
| Loan points | $3,893 |
| Interest rate | 6.50% |
| Loan term | 30 years |
| Total out of pocket | $73,958 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $2,604 | $31,248 |
| Vacancy | ($52) | ($625) |
| Property taxes | ($174) | ($2,082) |
| Insurance | ($117) | ($1,400) |
| Maintenance | ($77) | ($919) |
| Net operating income | $2,185 | $26,222 |
| Mortgage (P&I) | ($1,230) | ($14,762) |
| Net cash flow | $955 | $11,460 |
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 TENANT! In good condition, tenant has been there about 4 months, roof and gutters are brand new, plumbing is updated, electrical updated.
FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is 8%.