HavePropertiesResidentialSFR

11% Returns - Chicago property - Great buy-and-hold property

Isaac Taylor · 2017-02-02T07:04:37-08:00

CHICAGO INVESTMENT PROPERTY OVERVIEW Market: Metro Chicago AreaListing Price: $94,900Rehab Estimate: n/aAddress: S Union, Chicago, ILBeds / Baths / Sq Ft: 3 beds / 2 bath / 1,251 sq ftProperty Description: Nice updates include: updated kitchen, with granite counter tops, stainless steel appliances, finished basement with 1/2 bath, nice bar.. rolling shutters, glass block windows, wonderful closet space, Jacuzzi tub. 24 hour notice needed.FINANCIAL SUMMARY - Click here for more details!At Listing PricePurchase Price: $94,900Rehab: n/aClosing Costs: $2,847Total Investment: $97,747Financed Amount: $73,310Cash Investment: $24,437Annual Revenue: $14,400Annual Expenses: $8,983Interest: $3,666Net Income: $1,751Annual Return: 7%Annual Appreciation: $949Total Return Potential: 11%At Recommended PricePurchase Price: $81,000Rehab: n/aClosing Costs: $2,430Total Investment: $83,430Financed Amount: $62,573Cash Investment: $20,858Annual Revenue: $14,400Annual Expenses: $8,983Interest: $3,129Net Income: $2,288Annual Return: 11%Annual Appreciation: $949Total Return Potential: 16%Want to Learn More About This Property? Find Out About the Neighborhood: Median Income, Poverty Rate, Unemployment Rate, % of Renters, Etc.Income Potential: See what similar homes are renting for in this neighborhoodExpense Expectations: See a detailed breakdown of key expenses like property taxes and insurance

Isaac Taylor

Investor · Detroit, MI · Member since 2008 · 66 posts · 11 votes

CHICAGO INVESTMENT PROPERTY OVERVIEW

Market: Metro Chicago Area
Listing Price: $94,900
Rehab Estimate: n/a
Address: S Union, Chicago, IL
Beds / Baths / Sq Ft: 3 beds / 2 bath / 1,251 sq ft
Property Description: Nice updates include: updated kitchen, with granite counter tops, stainless steel appliances, finished basement with 1/2 bath, nice bar.. rolling shutters, glass block windows, wonderful closet space, Jacuzzi tub. 24 hour notice needed.

FINANCIAL SUMMARY - Click here for more details!

At Listing Price

Purchase Price: $94,900
Rehab: n/a
Closing Costs: $2,847
Total Investment: $97,747
Financed Amount: $73,310
Cash Investment: $24,437

Annual Revenue: $14,400
Annual Expenses: $8,983
Interest: $3,666
Net Income: $1,751

Annual Return: 7%
Annual Appreciation: $949
Total Return Potential: 11%

At Recommended Price

Purchase Price: $81,000
Rehab: n/a
Closing Costs: $2,430
Total Investment: $83,430
Financed Amount: $62,573
Cash Investment: $20,858

Annual Revenue: $14,400
Annual Expenses: $8,983
Interest: $3,129
Net Income: $2,288

Annual Return: 11%
Annual Appreciation: $949
Total Return Potential: 16%

Want to Learn More About This Property?

Find Out About the Neighborhood: Median Income, Poverty Rate, Unemployment Rate, % of Renters, Etc.
Income Potential: See what similar homes are renting for in this neighborhood
Expense Expectations: See a detailed breakdown of key expenses like property taxes and insurance

0 Reply

0 views