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Updated about 9 years ago,
Good deal?
First of all I'm new to BP and I'm an investor in Chicago. I've bought 4 properties in 6 months and this will most likely be my 5th, but thought why not get BP feedback on it.
Sale Price: 58k
Taxes: $1,951
Rent: 1,100 (tenants already in it).
If I put 25% down I show an ROI of 43%.
It's in a middle class suburb of Chicago. What do you think BP?