20%+ Returns on Turnkey Chicago Home

[Isaac Taylor]

CHICAGO INVESTMENT PROPERTY OVERVIEW

• Market: Metro Chicago Area
• Listing Price: $29,500
• Rehab Estimate: $8,000
• Address: S Yale Ave, Chicago, IL
• Beds / Baths / Sq Ft: 5 beds / 1 bath / 1,800 sq ft
• Property Description: Beautiful home on a large, fenced lot. 5 spacious bedrooms, great kitchen with lots of cabinets and space for a table, bright living room and dining room with classic hardwood floors and high ceilings. Full, unfinished basement provides extra living space or extra storage. Currently rented month-to-month and tenant is willing to stay or go. Conveniently located near food, shopping, schools and the highway. Priced to sell quickly..

FINANCIAL SUMMARY - Click for More Details

At Listing Price Purchase Price: $29,500 Rehab:$8,000 Closing Costs: $885 Total Investment: $38,385 Financed Amount: n/a Cash Investment: $38,385 Annual Revenue: $16,800 Annual Expenses: $9,571 Interest: n/a Net Income: $7,229 Annual Return: 19% Annual Appreciation: $295 Total Return Potential: 20%

At Recommended Price Purchase Price: $25,000 Rehab: $8,000 Closing Costs: $750 Total Investment: $33,750 Financed Amount: n/a Cash Investment: $33,750 Annual Revenue: $16,800 Annual Expenses: $9,571 Interest: n/a Net Income: $7,229 Annual Return: 21% Annual Appreciation: $295 Total Return Potential: 22%

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