Deal 5

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SFH 3BR/1 BA 1,656 Sq Ft Yielding 10.3% NET ROI

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Property Details

3 Bedroom/1 Bath Single Family Rental in greater Chicago. Class B location. Fantastic corner lot sitting on 3/4 of an acre property. This property is estimated to be worth $93,681 (avg of all the estimates) so you are getting $23k in equity at purchase. Well renovated complete turn-key investment property with property management, insurance, title, escrow and tenant in place. See full details and address by clicking here.

This well located property will not have any issues being rented. Property yields a conservative 10.3% net cap rate which includes a monthly reserve for both maintenance and vacancy. Tenant pays all utilities. See image below for financial details.

PriceLocationFinancial Details
$ 70,000
Outside of greater Chicago. Class B location. See address in description above. 
Monthly Income: $1000. Month Expenses: $401.00. Net Monthly Income $599.00 or 10.3% ROI
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About the Neighborhood

  • appraisal.com for this property – $108,124
  • Zillow Zestimate.com for this property – $82,680
  • Totalviewrealestate.com estimate for this property – $93,542
  • Neighborhood 2BR average list price – $90,381
financials - deal-9-23

Inquire About this Deal by Filling the Form Below

Property is considered available until an earnest money deposit is received or purchase agreement is signed.

Disclaimer:
The estimated analysis are presented in good faith and in no way represent a commitment on the part of 52 Properties, or any affiliate thereof to provide the ROI described herein. The performance summary is meant only to outline, for the purpose of further discussion, and is no guarantee of future results. Lender fees may or may not apply. While 52 Properties takes all appropriate steps to ensure accuracy, we cannot accept responsibility for any discrepancies therein. Please conduct your own due diligence.

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