1023 Lincoln St
North Chicago, IL 60064
List Price
$124,500
Initial Investment
$33,381Purchase Price
$122,500
Down Payment
25%
Rent
$1,250
Total Return
$30,028
Annualized Return
15.0%
Cap Rate
7.5%
Gross Yield
12.2%
Cash Flow
$1,862
Appreciation
3.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
05/01/2019
Lease End
05/31/2020
Lot Size
7,748
HOA
None
Flood Risk
Not Required
- Meets 1% rule
- Tenant responsible for Electric, Garbage, Gas, Landscaping, PestControl, Water
- Half a mile from Lake Michigan; 10 minutes from Rosalind Franklin University
See more in Analysis
Annual Financial Highlights
Expected Rent
$14,250Expenses
-$3,828Property Taxes
-$1,900Loan Payments
-$6,660Net Cash Flow
$1,862See more in Financials
Similar Listings