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Updated almost 10 years ago on .
5 unit multi-family in Chicago returning 11% cash on cash
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.
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