20612 Greenwood Dr

Olympia Fields, IL 60461
image0

3 bd, 2 ba | 1,988 sqft | Built in 1955

slider image
slider image
slider image
For Sale

Exclusive

Favorite

List Price
$223,000

Initial Investment

$60,768
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$223,000

Down Payment

25%

Rent

$1,875

Total Return

$34,453

Annualized Return

9.1%

Cap Rate

5.1%

Gross Yield

10.1%

Cash Flow

-$1,606

Appreciation

3.5%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

07/01/2021

Lease End

02/01/2023

Lot Size

13,176

HOA

None

Flood Risk

Not Required

  • 1-year home warranty included
  • Refrigerator, dishwasher, oven/range, microwave, washer and dryer will be sold with the house
  • New furnace installed
  • On a lot with mature trees
  • 4-star neighborhood
  • Custom built decorative shed in the backyard
  • Within walking distance of the commuter train station that goes to downtown Chicago
  • Custom maple cabinets with a granite countertop in the kitchen

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$21,375

Expenses

-$5,057

Property Taxes

-$5,800

Loan Payments

-$12,123

Net Cash Flow

-$1,606

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings