5 unit multi-family in Chicago returning 11% cash on cash

[Account Closed]

Purchase Price:$524,900

Rent: $4,900

Annual net cash flow: $20,330

Cash on cash: 11%

A great Turn-Key rental property and great option for investors looking to get more cash flow with less work. Also a great option for investors who can’t find cash flowing properties in their state and must invest from a long-distance. Property has been fully repaired, rented and managed by a property manager.