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Property details
Beds3
Baths1
Square feet1,435
Year built1890
Property typeSingle Family
CountyCook County
Proforma Turnkey End Buyer
Cash on Cash14.52%
Cap Rate9.09%
IRR27.40%
DSCR1.75x
Equity$-224,170
Purchase & Financing
| Purchase price | $224,170 |
| Closing costs | $2,242 |
| Down payment (25%) | $56,043 |
| Loan amount | $168,128 |
| Loan points | $3,363 |
| Interest rate | 5.88% |
| Loan term | 30 years |
| Total out of pocket | $61,647 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $2,040 | $24,480 |
| Vacancy | ($41) | ($490) |
| Property taxes | ($82) | ($985) |
| Insurance | ($117) | ($1,400) |
| Maintenance | ($60) | ($720) |
| Net operating income | $1,740 | $20,886 |
| Mortgage (P&I) | ($995) | ($11,934) |
| Net cash flow | $746 | $8,951 |
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
FULLY REHABBED AND RENTED VIA SECTION 8! THIS IS A CASH COW GUARANTEED INCOME!
*FREE PROPERTY MGMT FOR THE FIRST 12 MONTHS! After that it is 8% per month.
*THIS IS BEING SOLD IN A PACKAGE OF 5 HOMES TOGETHER.