Updated about 8 years ago on . Most recent reply
$500 Cashflow in Chicagoland -- tenant renewing for another year
Hello, we are looking to sell our SFH in Matteson, IL. Great tenant already in place and they're renewing for another 12 months at $1475/month... this may be bumped up another $50-$75 depending on negotiations. The home needs about $7-8k in roof and chimney work and I we have signed quotes for these services. Average comp / ARV for this area is $125-130k so you'll have instant equity and roughly $500-600 in monthly cashflow. Need to move quickly. Thanks!
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