Because of this, I have already found a great local source for Property Management.Purchase Cap Rate: 9.85%I ran all of these figures into the Rental Property Calculator here on BP, above is the estimated Purchase Cap Rate. 

It also has a TON of culture and great food because of the population, and lots of community and government support to improve the area.  

Hi BP I recently went to view a property on the south west side of Chicago little village and wanted some feed back on the analysis I ran for the property.

I ran your numbers with 100% down payment and 20% down payment. (7.3% ROI on 0% LTV & 13% ROI on 80% LTV)

I ran the numbers and these particular properties would pay for their monthly note payment (and some) if they were transferred tomorrow - based on their current occupancy status). 

I ran this scenario, and starting with $60K I was able to buy over 40 properties in three years.

Having met my future wife and then moving to the Bronx, from Wilton CT, it was a bit of culture shock for me at first, but that was 20 years ago.  

I ran some numbers and if I get a decent rate I will still have enough to save for expenses but, my cash flow is a lot lower.

I ran into this problem years ago with a duplex.  

When I ran the numbers I started with 180000 as the price, 4.2% interest, 4600 a year taxes, fees out of pocket, 30 years, 2200 (potential rent when we move out in 3 years or less), utilities paid by tenants, I didn't know what to do for insurance so I put our current insurance (rental property and our current renters insurance) 72, with a management coverage of 10% with repairs at 10%, vacancy at 5%, capex at 10% and no future expectations the cash flow came out to be 160 a month and a 14.31% ROI.