Stone Park IL 2-Flat Opportunity. We can FLIP or HOLD. Looking for a partner!

[Paul Z.]

I've got an opportunity in Stone Park, IL that has good numbers for either a Flip or a Hold Strategy. B+ area with super low crime and average schools. Excellent nearby retail centers and entertainment. Unit 1 is a 3/1 with avg market rent of $1150 and Unit 2 is a 2/1 with avg market rent of $900. There's about $35K in repairs to be made for Flip and less for a Hold. 

Based on initial analysis we're at a 28% COCR with a 21% profit margin for a Flip at a MAO of $82K. For a hold strategy we're at a 13% COCR with a 10% cap and monthly cashflow of $625 at a MAO of $82K. Assuming we get this property at something better than $82K the numbers will only get better.

I'm searching for a funding partner on this and I'm open to a multitude of deal structures weighing heavily in the partners favor in order to create an win-win for everybody. 

Want to know the address, ARV, and all the pertinent details along with complete analysis? Contact me and lets talk. My email and phone number is in my signature below.

Thanks!