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Updated about 8 years ago on . Most recent reply

Vala Shahabi's profile image
Vala Shahabi's profile image
Vala Shahabi
  • Real Estate Investor
  • from Santa Monica, California
  • Member since Aug 13, 2014
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Vala Shahabi's profile image
Vala Shahabi's profile image
Vala Shahabi
  • Real Estate Investor
  • from Santa Monica, California
  • Member since Aug 13, 2014
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Vala Shahabi
  • Real Estate Investor
  • Santa Monica, CA
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4 Bed, 2 Bath Chicago suburbs $830/month -- $50k - 13% NET ROI

Vala Shahabi
  • Real Estate Investor
  • Santa Monica, CA
Posted

Beautifully updated charming 4 bedroom/2 bathroom approximately 1,350 square feet single family home in a Chicago suburb. Property is currently leased at $830/month to a wonderful section 8 tenant with all payments made on time. Lease goes through June 1, 2017. $55k takes it! Feel free to message me with any questions!

Rent - $830

Management - $74

Maintenance - $74

Taxes - $83

Insurance - $50

Net Operating Income - $549

Cap Rate - 12%

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