The capitalization rate of an investment can be calculated by dividing the property's net operating income (NOI) by the current market value or acquisition cost of a property - expressed in the following formula: Cap Rate = Net Operating Income / Current Market Value " Chicago Cap Rate Analysis Please keep in mind this is a high level analysis.It should give you a ballpark idea of cap rates in the various Chicago neighborhoods.But some assumptions were made for this analysis.For example, to determine the net income for a property, I assumed it would be 50% of the Gross Rental Income.

I would pull you thought-process up a level and look to master deal acquisition.

We would do all the painting, and the majority of the handyman level work.

He also walks around the building just pacing around and its creepy because it all one-level.

Construction includes full underground level.

Markets have calmed down, more houses are being listed as we go into Fall and Christmas things will level a bit towards your side.

YTD 2020.Active inventory level for Residential Single Family Detached continues to drop with 8,373 active listings as of the end of July 2021 vs. 12,133 active Residential Single Family Detached listings as of the end of July 2020. 

Look at what other similar homes are selling for in that neighborhood and bring this one up to that level, but not beyond…maybe ever so slightly to make it enticing, but not over the top.Best of luck!

This is creating a lot of opportunity for us by putting skilled workers into the labor force who otherwise would have never left their cushy state jobs.As for other perks....We aren't at the level of being able to offer health insurance unfortunately.   

Once you get everything done ask the electric company to install an surge protector on the meter box which is like $200 bucks, than get level two surge protection on the panel box inside.