Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Unlock your results with Pro
Upgrade to access this report, plus unlimited others.
10+ investment analysis calculators with shareable reports
$1,000+ in annual savings on landlord software
Unlimited access to the BiggerPockets Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

2,188
Posts
1,911
Votes
Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
Votes |
2,188
Posts

Worth $120,000, Must Sell $35,000 (Why Am I Giving This Away!)

Wendell De Guzman
  • Investor
  • Chicago, IL
Posted

Do you want to be like Brandon Turner when you grow up and have cashflow coming out of your ears? Do you want MASSIVE, PASSIVE INCOME?

Acquiring this property is your first step. This house is a cash cow.

Here are the details:

Address: 3012 Eschol Ave, Zion IL.

Median rent for 4 bedroom homes is $1375/month.

Property taxes is high at $5,125/year (but may be appealed).

You can have this house for a mere $35,000. It needs about $20,000 in repairs. See below for the pictures (Redfin and Zillow had this wrong at 4 bed/ 1 bath. This house is really 5 bed/2.5 bath).

PICTURES of 3012 Eschol Ave, Zion IL

Despite the high property taxes, this house can give you a TRUE 12% cash-on-cash return (it's "TRUE return" because we factor in all the expenses). See screenshot of the Cashflow Analyzer:

If you want to LOCK-IN this deal before someone else makes a KILLING on this property, call my Marketing & Sales VP - David Perez at 708-408-9006. $1500 earnest money and POF required to lock in this deal TODAY!

Offering

Loading replies...