941 School Ave Matteson, IL 60443
3bd, 1.5ba | 1,775sqft | Built in 1980
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Initial Investment
$148,025
List Price: $145,000
Purchase Price
$145,000
Down Payment
100%
Rent
$1,775

Total Return
$43,638
Annualized Return
5.8%
Cap Rate
5.4%
Gross Yield
14.7%
Cash Flow
$6,822
Appreciation
2.0%
Valuation
Property Value
$129,500 - $149,000
Rental Value
$1,600 - $1,800
Diligence Documents
Property Valuation
NA
Inspection Report
NA
Title Report
NA
Ledger
NA
Prelim Insurance
NA
Lease Abstract
NA
Inspection Highlights
Roof
Good (5+ yrs)
Attic
Functional
Bathrooms
NA
Basement
NA
HVAC
Good (5+ yrs)
Bedrooms
NA
Electrical
Repairs needed
Exterior
NA
Garage
NA
Plumbing
Functional
Landscaping
NA
Structural
Functional
Kitchen
NA
Lease and Tenant
Lease Summary
Occupancy
Occupied
Rent Payment Status
Current
Late Payment Months
1
Security Deposit
$2,663
Original Lease Start Date
08/13/2018
Lease End Date
07/31/2020
Lease Concessions
No

Tenant Profile
Tenant Purchase Option
Not Applicable
Section 8
Not Applicable

Expense Split
Owner is responsible for
Refrigerator, Microwave
Tenant is responsible for
Stove, Dishwasher, Gas, Water, Electric, Garbage, Lawn, Pest Ctrl
Location
Chicago
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