W Roscoe St & N Cicero Ave, Chicago, IL 60641, USA
Sold, Sold 2014 - 2-4 Unit
  • Sale Price :$316,000
  • Gross Rents:$3,500
  • Cash Flow ( 20% Down Loan ):$1,003
  • Net Rents ( Less Expenses ):$2,263
  • Cap Rate: 8.62%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $617
  • Cash on Cash ( Low Money Down Loan): 47.00%
  • Cash on Cash ( 20% Down Loan ): 19.10%

This property had really solid bones, and room to increase rents with a few smart upgrades.  The buyers moved in and did some upgrades unit by unit to the kitchens and bathrooms.  They increased rents and the property value.

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