Sold, Sold 2016 - 2-4 Unit
- Sale Price :$457,900
- Gross Rents:$4,300
- Cash Flow ( 20% Down Loan ):$1,122
- Net Rents ( Less Expenses ):$2,954
- Cap Rate: 7.74%
- Number of Units: 3
- Cash Flow (Low Money Down Loan): $436
- Cash on Cash ( Low Money Down Loan): 22.85%
- Cash on Cash ( 20% Down Loan ): 14.70%
P and I looked for what seemed like forever! Nothing we were seeing “felt right” until this property came on the market. So after 6 months and basically no offers we got to be the first people to see it and submitted an offer that afternoon, locking it down quickly! The tenants that were in place stayed and renewed their leases.
“If you are looking for a realtor who can help provide knowledge and depth into the world of Real Estate investing in Chicago, Brie is one of the best.
She provided a no pressure environment while searching for my first property. Brie understands that this is a large purchase, but also wants to make sure it is the right purchase for you. Not just location and property type, but that the numbers will work. She took the time to explain the process and answer numerous questions throughout the search. I still ask her questions even though I have already purchased my property. Her flexible schedule allowed her to do some initial screenings to help ensure my time wasn’t wasted.
When I start the process of searching for another property I will use Brie again.”