Potential to earn a 21 percent cash on cash return. Brick 2 unit in West Englewood Only 14,000. Property needs a total rehab. Estimated rehab costs for a rental is 35,000 to 40,000.PIN 20171160290000Taxes $2,195Buy and Hold Purchase price 14,000Rehab 35,000Operating expenses 3785Vacancies/maintenance 2520Rental income 700 per unit 1400 per month 16800 per yearNet cash $10,495 per yearCash on cash return on 21 percentAct Fast this will be gone Fast. The first one with a signed contract and 2,000 earnest money gets the deal.Buyer pays ALL closing costs. Buyer will receive taxes prorated to 100 percent and free and clear titleRealtors add whatever fee you want.Proof of funds required for viewing.Please do your own due diligence.Do you know someone that would buy this deal please forward this email we do compensate for referralsDo you need money? We have hard money lenders ready to lend. Call us for more details.
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