Attention Investors, turnkey cash flowing single family home sold individually or in bulk/portfolio sale with other single family, 2+ unit, buildings. This property is a stabilized three (3) bedroom, one (1) bath home in Chicago Lawn. Property was updated with cherry cabinets, ceramic tile floors, kitchen, bath, refinished hardwood flooring, thermopane windows, two car garage, fenced yard.
| Proforma Income/Expense | Pct | Monthly | Annual |
|---|---|---|---|
| Gross Potential Rent (estimated) | — | 1,383 | 16,596 |
| Total Income (estimated) | — | 1,383 | 16,596 |
| — Expenses — | — | — | — |
| Property Taxes – Tax Yr: 2017 | — | -51 | -611 |
| Insurance (estimated) | — | -42 | -500 |
| Property Management Fees (Pct of Gross Rent) | 8.00% | -111 | -1,328 |
| Allowance for Maintenance/Turnover/Vacancy (estimated Pct of Gross Rent) | 15.00% | -207 | -2,489 |
| Water/Sewer (estimated) | — | -60 | -720 |
| Trash Collection (estimated) | — | -11 | -126 |
| Common Area Utilities (estimated) | — | 0 | 0 |
| Common Area Maintenance (estimated) | — | 0 | 0 |
| Total Expenses (estimated) | — | -481 | -5,774 |
| —— | — | — | — |
| Net Operating Income (estimated) | — | 902 | 10,822 |