12208 S May St

Chicago, IL 60643
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3 bd, 1.5 ba | 1,008 sqft | Built in 1945

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List Price
$97,000

Initial Investment

$29,833

Purchase Price

$97,000

Down Payment

25%

Rent

$1,150

Total Return

$37,422

Annualized Return

19.5%

Cap Rate

8.3%

Gross Yield

14.2%

Cash Flow

$2,110

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

06/15/2014

Lease End

07/31/2019

Lot Size

4,500

HOA

None

Flood Risk

Not Required

  • Tenant has been here since 2014
  • 15.7 miles from Gary/Chicago International Airport & 14 miles from Chicago Midway International Airport
  • 15.7 miles from Purdue University Northwest & 7.9 miles from The University of Chicago
  • 17.8 miles from downtown Chicago

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Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$3,633

Property Taxes

-$2,093

Loan Payments

-$5,273

Net Cash Flow

$2,110

See more in Financials

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