Sold, Sold 2016 - 2-4 Unit
- Sale Price :$475,000
- Gross Rents:$4,050
- Cash Flow ( 20% Down Loan ):$1,063
- Net Rents ( Less Expenses ):$2,963
- Cap Rate: 7.48%
- Number of Units: 3
- Cash Flow (Low Money Down Loan): $481
- Cash on Cash ( Low Money Down Loan): 24.30%
- Cash on Cash ( 20% Down Loan ): 13.27%
M is an experienced investor and was looking for cash flow properties. This property I had under contract with a different buyer, but because of an error the seller made they could not sell it and the buyer bought something else. So when the seller reached back out to me, I knew it would be perfect for M. We were able to get the deal off market and close quickly with most of the tenants staying and renewing their leases.
“I first met Brie at a Chicago Real Estate Investors Meetup that she co-founded. It was very clear when meeting Brie that she was very passionate about real estate investing and assisting other investors.
Brie is very knowledgeable about the real estate market on the North side of Chicago. Brie represented my business partner and me in purchasing 2 multi-family properties on North side of Chicago, as buy and hold strategies. One purchase was an off-market property she found for us and another was a bank owned property. What is really great with Brie is just how responsive she is when you send her questions or need further information on a property. She is very timely in responding to emails and texts. If she doesn’t know an answer to a question, she will let you know such and then find the answer and get back to you!
Brie is also proactive in presenting her clients with available properties that meet their criteria. Not only does she provide detailed information about the property and listing, she presents her investor clients with pro-forma financial calculations on the property to assist them in making an offer. If someone I knew was looking for a property or selling a property on the North side of Chicago, I would gladly refer them to Brie and would know they were in good hands!”