Potential to earn a 30 percent cash on cash return. 2 unit home in South Shore area of Chicago only 9500. Property needs a total rehab. Estimated rehab costs for a rental 30,000 to 35,000PIN 21304080050000Taxes $1,891Buy and Hold Purchase price 9,500Rehab 30,000Operating expenses 3091Vacancies/maintenance 2700Rental income 750 per unit per month 18000 per yearNet cash $12,209 per yearCash on cash return on 30 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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