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$28000 / 3br - 1800ft² - AMAZING WHOLESALE CONDO 14 percent cash on cash return . (South Shore)
Chicago, IL 60649
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Asking Price $28,000.00
Sq. Ft. 1800 sq ft
Good Condition Condo Available in the South Shore area of Chicago Just Buy and rent out right away. Only 28,000. 1800 sqaure feet 3 bedrooms, 2 bathrooms. Buy and hold for a 14 percent cash on cash return .
Pictures are here
Taxes 953 per year
Buy and Hold
Purchase price 28,000
Rehab 4,000 (paint, refinish flooring)
Operating expenses 8200 (Association fees 611 per month)
Rental income 1100 per month. 13200 per year
Net cash 2967 per year
Cash on cash return on 14 percent
6844 S South Shore Dr #3 Chicago, IL 60649 Sold On: Jun 4, 2014 $50,000
6810 S Paxton Ave Unit 1S CHICAGO, IL 60649 Sold On: Jul 2, 2014 $64,000
7020 S Paxton Ave Unit 2S Chicago, IL 60649 Sold On: Apr 30, 2014 $55,750
Estimated After Repair Value 56,000
Act Fast this will be gone Fast. The first one with a signed contract and 2,000 earnest money gets the deal.
Buyer pays ALL closing costs. Buyer will receive taxes prorated to 100 percent and free and clear title
Realtors add whatever fee you want.
Proof of funds required for viewing.
Please do your own due diligence.
Do you know someone that would buy this deal please forward this email we do compensate for referrals
Do you need money? We have hard money lenders ready to lend. Call us for more details.
*DISCLAIMER: This information is deemed reliable but is not guaranteed.
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