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

[Isaac Taylor]

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%

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