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.
