15% Returns on Chicago Property

[Isaac Taylor]

CHICAGO INVESTMENT PROPERTY OVERVIEW

• Market: Metro Chicago Area
• Listing Price: $80,000
• Rehab Estimate: $5,000
• Address: S Prairie Ave, Chicago, IL
• Beds / Baths / Sq Ft: 5 beds / 2 bath / 1,298 sq ft
• Property Description: Spacious brick home that has been meticulously maintained.

FINANCIAL SUMMARY - Click for More Details

At Listing Price Purchase Price: $80,000 Rehab: $5,000 Closing Costs: $2,400 Total Investment: $87,400 Financed Amount: $64,000 Cash Investment: $23,400 Annual Revenue: $15,000 Annual Expenses: $9,668 Interest: $3,200 Net Income: $2,133 Annual Return: 9% Annual Appreciation: $800 Total Return Potential: 13%

At Recommended Price Purchase Price: $71,000 Rehab: $5,000 Closing Costs: $2,130 Total Investment: $78,130 Financed Amount: $56,800 Cash Investment: $21,330 Annual Revenue: $15,000 Annual Expenses: $9,668 Interest: $2,840 Net Income: $2,493 Annual Return: 12% Annual Appreciation: $800 Total Return Potential: 15%

Want to Learn More About This Property?

• Find Out About the Neighborhood: Median Income, Poverty Rate, Unemployment Rate, % of Renters, Etc.
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• Expense Expectations: See a detailed breakdown of key expenses like property taxes and insurance