7144 S Union Ave

Chicago, IL 60621
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4 bd, 1.5 ba | 885 sqft | Built in 1890

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List Price
$95,000

Initial Investment

$23,844

Purchase Price

$87,500

Down Payment

25%

Rent

$1,300

Total Return

$29,344

Annualized Return

20.0%

Cap Rate

9.0%

Gross Yield

17.8%

Cash Flow

$2,351

Appreciation

3.5%
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Features

Occupancy

Occupied

Lease Start

02/03/2017

Lease End

02/28/2018

Lot Size

3,875

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Section 8 pays full rent
  • Month-to-month
  • Large sunroom in the back of the house

See more in Analysis

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Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$4,812

Property Taxes

-$2,900

Loan Payments

-$4,757

Net Cash Flow

$2,351

See more in Financials

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