308 W 106th Pl

Chicago, IL 60628
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4 bd, 1.5 ba | 1,200 sqft | Built in 1908

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For Sale

Exclusive

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List Price
$134,900

Initial Investment

$41,586
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$134,900

Down Payment

25%

Rent

$1,350

Total Return

$49,868

Annualized Return

18.0%

Cap Rate

7.1%

Gross Yield

12.0%

Cash Flow

$1,437

Appreciation

6.2%
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Features

Occupancy

Occupied

Lease Start

01/01/2016

Lease End

01/31/2023

Lot Size

1,562

HOA

None

Flood Risk

Not Required

  • Section 8 tenant (HAP portion is $1317/mo & Tenant portion is $33/mo)
  • Good cap rate
  • Inspection report available in the Diligence Documents under the Analysis tab
  • The electrical panel was recently rewired
  • New blinds were installed

See more in Analysis

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Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$4,019

Property Taxes

-$2,600

Loan Payments

-$7,334

Net Cash Flow

$1,437

See more in Financials

Property Characteristics

Roofstock Exclusive

Listed directly by the seller, Exclusive properties are only available through Roofstock.
  • These properties' Diligence Documents include one or more of these documents: inspection report, title search, rent history if occupied.
  • If the home is non-certified and the posted inspection is more than 3 months old, an inspection contingency will apply.
  • The seller will be represented by a Roofstock-affiliated broker and Roofstock will walk the buyer through the transaction.

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.

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