1950 Yale Ave

Chicago Heights, IL 60411
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3 bd, 1 ba | 1,041 sqft | Built in 1972

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List Price
$98,000

$7K

Initial Investment

$26,105

Purchase Price

$90,000

Down Payment

25%

Rent

$1,400

Total Return

$34,106

Annualized Return

20.4%

Cap Rate

8.7%

Gross Yield

18.7%

Cash Flow

$2,136

Appreciation

4.9%
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Features

Occupancy

Occupied

Lease Start

09/01/2020

Lease End

09/30/2022

Lot Size

8,217

HOA

None

Flood Risk

Not Required

  • Strong cap rate
  • Inspection report and repair details are available in the "Analysis" tab. This property is being sold in its current condition
  • Appliances included: gas stove, washer and dryer, and fridge
  • New furnace and AC
  • Leased through 2/01/2023
  • Near schools, shops, dining options, parks, and more

See more in Analysis

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Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$5,131

Property Taxes

-$3,800

Loan Payments

-$4,893

Net Cash Flow

$2,136

See more in Financials

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