8837 S Talman Ave Evergreen Park, IL 60805
3bd, 1ba | 1,148sqft | Built in 1956
investment property - 8837 S Talman Ave, Evergreen Park, IL 60805, Cook - image 0
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investment property - 8837 S Talman Ave, Evergreen Park, IL 60805, Cook - image 0
investment property - 8837 S Talman Ave, Evergreen Park, IL 60805, Cook - image 1
investment property - 8837 S Talman Ave, Evergreen Park, IL 60805, Cook - image 2
List Price
$138,000
Initial Investment : $143,220
Purchase Price
$138,000
Down Payment
100%
Rent
$1,200

Total Return
$33,565
Annualized Return
4.6%
Cap Rate
4.5%
Gross Yield
10.4%
Cash Flow
$5,485
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
07/15/2019 
Lease End
07/14/2020 
Lot Size
3,125 
HOA
None
Flood Risk
Not Required
  • Fully rehabbed in 2017: new hardwood floors
  • Good schools
  • Brick house with detached 2 car garage

Map Data
Map data ©2020 Google
Map DataMap data ©2020 Google
Map data ©2020 Google
Annual Financial Highlight
Expected Rent
$13,680
Expenses
-$3,395
Property Taxes
-$4,800
Loan Payments
$0

Net Cash Flow
$5,485
Considerations
Property Characteristics    View Details



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. If any prior inspection reports are available, you'll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • 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.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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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