Deal Analysis for an Illinois single family property (7 of 30)

[Marshall Shen]

Hi there,

I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 7th day :)

I analyzed a deal in college town (Urbana, IL), and assume a reasonable rent, and it passed 1% rule.

Based on the asking price, I estimated it will generate a positive annual cash-on-cash return, assuming 20% downpayment. Has anyone have experience in rent-and-hold in college town market? Any touchas in those markets?


The detailed analysis can be found here: https://bit.ly/3eapF4l

Thank ahead for reviewing!