N Kimball Ave & W Fullerton Ave, Chicago, IL 60647, USA
Sold, Sold 2015 - 2-4 Unit
  • Sale Price :$399,000
  • Gross Rents:$3,500
  • Cash Flow ( 20% Down Loan ):$708
  • Net Rents ( Less Expenses ):$2,304
  • Cap Rate: 6.93%
  • Number of Units: 3-4
  • Cash Flow (Low Money Down Loan): $219
  • Cash on Cash ( Low Money Down Loan): 13.17%
  • Cash on Cash ( 20% Down Loan ): 10.64%

I started working with M & R and they were expecting a child in a few months, and wanted to be moved in before the baby came.  We worked pretty quickly and saw plenty of properties before closing on the first one we went under contract for.  The property was in a new, trendy area which has increased in value since.  One of the tenants had a lease expiring that month so they had to move in, get the unit ready, and rent it out all within the first 30 days.  Talk about a crash course in land-lording!

“My husband and I worked with Brie in purchasing our first multi-unit property in Chicago. Brie blew us away with her knowledge, passion and expertise. From taxes, to tuck-pointing we learned so much! We are very lucky to have had her help with our first home/income property. We’ll continue to recommend her to any of our friends looking to get into real estate investing. What a great experience!!”

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