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Updated over 4 years ago,

Robert T.'s profile image
Robert T.'s profile image
Robert T.
  • from Mount Prospect, Illinois
  • Member since Dec 17, 2017
Connect

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13
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Robert T.'s profile image
Robert T.'s profile image
Robert T.
  • from Mount Prospect, Illinois
  • Member since Dec 17, 2017
Connect
Robert T.
  • Mount Prospect, IL
0
Votes |
13
Posts
Real Estate Deal Analysis & Advice

First time investment - need an expert's advance

Robert T.
  • Mount Prospect, IL
Posted

I'm looking to buy a 2 unit property in the Chicagoland area. Price is $500k,gross rental income: $43K, net operating income: $28K. Both unit are rented for $1800. Tenant pay for all utilities. Landlord pays landscaping, insurance and property tax. CoC 5.6%. This is a cash deal.Thoughts?

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