9334 S Woodlawn Ave

Chicago, IL 60619
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4 bd, 2 ba | 1,470 sqft | Built in 1899

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For Sale

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List Price
$179,000

$18K

Initial Investment

$48,778
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$179,000

Down Payment

25%

Rent

$1,551

Total Return

$68,143

Annualized Return

19.3%

Cap Rate

5.9%

Gross Yield

10.4%

Cash Flow

$58

Appreciation

6.7%
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Features

Occupancy

Month To Month

Lease Start

06/04/2020

Lease End

M/M

Lot Size

3,100

HOA

None

Flood Risk

Not Required

  • Month-to-month lease
  • 4-bed, 2-bath
  • Section 8 pays full monthly rent
  • Brick single-family home with detached garage and fenced in backyard

See more in Analysis

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Annual Financial Highlights

Expected Rent

$17,681

Expenses

-$4,292

Property Taxes

-$3,600

Loan Payments

-$9,731

Net Cash Flow

$58

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.

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