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Property details
Beds5
Baths2
Square feet1,750
Year built1960
Property typeSingle Family
CountyCook County
Proforma Turnkey End Buyer
Cash on Cash17.71%
Cap Rate10.37%
IRR31.38%
DSCR1.89x
ARV$275,000
Equity$29,504
Purchase & Financing
| Purchase price | $245,496 |
| Closing costs | $4,910 |
| Down payment (25%) | $61,374 |
| Loan amount | $184,122 |
| Loan points | $3,682 |
| Interest rate | 6.50% |
| Loan term | 30 years |
| Total out of pocket | $69,966 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $2,600 | $31,200 |
| Vacancy | ($52) | ($624) |
| Property taxes | ($133) | ($1,600) |
| Insurance | ($142) | ($1,700) |
| Maintenance | ($76) | ($917) |
| Net operating income | $2,197 | $26,359 |
| Mortgage (P&I) | ($1,164) | ($13,965) |
| Net cash flow | $1,033 | $12,393 |
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
Newly renovated! It is currently vacant advertising for a tenant.
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is 8%.
Hardwood floors redone, recessed lighting, chef’s kitchen with quartz countertops, stainless steel appliances, lower level is finished with 2 bedrooms added.