16801 Head Ave

Hazel Crest, IL 60429
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3 bd, 1 ba | 1,537 sqft | Built in 1964

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List Price
$95,000

Initial Investment

$22,618

Purchase Price

$83,000

Down Payment

25%

Rent

$1,525

Total Return

$15,020

Annualized Return

12.2%

Cap Rate

8.6%

Gross Yield

22.0%

Cash Flow

$1,745

Appreciation

1.2%
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Features

Occupancy

Unspecified

Lease Start

08/01/2016

Lease End

10/20/2019

Lot Size

6,963

HOA

None

Flood Risk

Not Required

  • Tenant will be going month-to-month once lease ends on 10/20/2019

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Annual Financial Highlights

Expected Rent

$17,385

Expenses

-$6,028

Property Taxes

-$5,100

Loan Payments

-$4,512

Net Cash Flow

$1,745

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