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Updated almost 8 years ago on . Most recent reply

Mark Allen's profile image
Mark Allen's profile image
Mark Allen
  • Real Estate Investor/Broker
  • from Irving, TX
  • Member since Sep 8, 2015
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Mark Allen's profile image
Mark Allen's profile image
Mark Allen
  • Real Estate Investor/Broker
  • from Irving, TX
  • Member since Sep 8, 2015
Connect
Mark Allen
  • Real Estate Investor/Broker
  • Irving, TX
263
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Chicago 10 SFR Portfolio For Sale

Mark Allen
  • Real Estate Investor/Broker
  • Irving, TX
Posted

10 single family rentals in South Chicago that are 100% occupied (one Section 8), cash flowing, and rehabbed to be low maintenance.

Gross annual rents $133,272

Sales price = $550,000

Gross Yield = 29%      Net Yield = 19%

I think BP'ers call this the 2% rule?

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