Turn Key Rental in Chicago S. Suburbs - Need Cash Fast

[Lamart Clay]

Turn key Rental - I relocated and need Cash Fast

Great Tenant - Lease Expires 09/2018 - Tenant wants to stay long term

Rehabbed 08/2017, New Furnace 01/2018

Rent is $1200 - Tenant gets a discount if paid by the 1st of $250 - ($950 Monthly)

I have other properties in S. Suburbs as well. Call 7082574132

Monthly Income: $950

Monthly Expenses: $328.50

Monthly Cash Flow: $621.50

Pro Forma Cap Rate: 13.08%

NOI - $7458

Total Cash Needed - $36,5000

Cash on Cash - 20.43%

ROI Purchase Cap Rate - 21.31%