1406 W 109th Pl

Chicago, IL 60643
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2 bd, 1 ba | 880 sqft | Built in 1925

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List Price
$97,000

Initial Investment

$23,193

Purchase Price

$80,000

Down Payment

25%

Rent

$1,025

Total Return

$34,037

Annualized Return

22.3%

Cap Rate

8.8%

Gross Yield

15.4%

Cash Flow

$2,072

Appreciation

5.5%
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Features

Occupancy

Occupied

Lease Start

11/01/2012

Lease End

03/31/2021

Lot Size

3,125

HOA

None

Flood Risk

Not Required

  • Long-term lease through 3/31/2021
  • Section 8 tenants
  • 20 minutes to downtown Chicago

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Annual Financial Highlights

Expected Rent

$11,685

Expenses

-$3,464

Property Taxes

-$1,800

Loan Payments

-$4,349

Net Cash Flow

$2,072

See more in Financials

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