16% Returns on Chicago Home - $25,000 - Current tenant

[Isaac Taylor]

CHICAGO INVESTMENT PROPERTY OVERVIEW

• Market: Metro Chicago Area
• Listing Price: $25,000
• Rehab Estimate: $5,000
• Address: S Indiana, Chicago, IL
• Beds / Baths / Sq Ft: 3 beds / 1 bath / 1,473 sq ft
• Property Description: Property is currently rented out on a month to month basis for $1,050.00. Seller is ready to sell. Being Sold As Is.

FINANCIAL SUMMARY - Click for more details!

At Listing Price Purchase Price: $25,000 Rehab:$5,000 Closing Costs: $750 Total Investment: $30,750 Financed Amount: n/a Cash Investment: $30,750 Annual Revenue: $12,600 Annual Expenses: $7,820 Interest: n/a Net Income: $4,781 Annual Return: 16% Annual Appreciation: $250 Total Return Potential: 16%

At Recommended Price Purchase Price: $21,500 Rehab: $5,000 Closing Costs: $645 Total Investment: $27,145 Financed Amount: n/a Cash Investment: $27,145 Annual Revenue: $12,600 Annual Expenses: $7,820 Interest: n/a Net Income: $4,781 Annual Return: 18% Annual Appreciation: $250 Total Return Potential: 19%

Want to Learn More About This Property?

• Find Out About the Neighborhood: Median Income, Poverty Rate, Unemployment Rate, % of Renters, Etc.
• Income Potential: See what similar homes are renting for in this neighborhood
• Expense Expectations: See a detailed breakdown of key expenses like property taxes and insurance