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Updated about 1 month ago on .

User Stats

5
Posts
2
Votes
Derrick Lee Bradshaw
  • Investor
  • Decatur, IL
2
Votes |
5
Posts

Looking to Connect With Serious Investors and Operators

Derrick Lee Bradshaw
  • Investor
  • Decatur, IL
Posted

I am part of a group of investors that is looking to take in new members.  We are looking to bring in more members to tackle larger investment opportunities.  We currently have about 10 deals similar to this one with each at different levels of funded.    Please reach out to me.  

I'm also interested in connecting with other operators who would be interested in collaborating to diversify your portfolio and take in other investors.     

🏡 Property Overview

Address: 2325 East Olive Street, Decatur, IL 62526

Type: Single-family rental

Status: Under contract

LLC: BACH Investment Group, LLC – 2325EOLIVEST-62526

  • Purchase Price (House Cost): $68,000

  • Expected Repairs: $2,000

  • Total Investment Basis: $70,000

  • Total Units: 1

💰 Income & Vacancy Assumptions

  • Monthly Rent (per unit): $1,250

  • Vacancy Rate Assumption: 3%

  • Projected Yearly Income (net of 3% vacancy): $14,550

📉 Operating Expenses (Annual)

  • Property Taxes: $700

  • Insurance: $680

  • Management (10% of gross): $1,500

  • Bookkeeping: $750

  • Tax Prep: $275

Total Annual Expenses: $3,905

📈 Investment Snapshot

  • Projected Asset Value (stabilized): $90,000

  • Investment Basis: $70,000

  • Change in Equity: 128.57% (based on current vs projected value)

  • Total Yearly Profit (after expenses & vacancy): $10,645

  • Projected Return on Investment at $70,000: 15.21%

🧩 Structure & Participation

  • Initial participation is capped at 10% of the total investment per investor for the first bid round.

  • After the initial date has passed, allocations can be increased based on remaining availability.

This property will be 100% managed (acquisition, rehab oversight, tenant placement, management, bookkeeping, and tax prep structured under the property-specific LLC).

If you’d like more details on the numbers, structure, or management approach for this property, feel free to message me and I’m happy to walk you through the full breakdown.

Offering
Champaign, Illinois