What's Available Wednesday? A Chicago Duplex!This week we have found a Chicago duplex ready for someone to invest in! Do you want double the cash flow with this real estate investing opportunity? Snatch it up before someone else does!

This one is truly a great deal – and puts a whopping $1,153 in cash flow in your bank account each month (and that’s conservatively estimated!)…..

Chicago is a city that is on the rise: it’s the #1 most diversified economy in the US, chock full of colleges, hospitals, Fortune 5oo employers… And most importantly, there are tenants and lots of them. Let’s take a look at today’s hot find!


Location: Chicago, IL.

Built In: 1885 (fully renovated)

Purchase price: $149,500 (not a foreclosure, normal sale)

Property info: 4 bedrooms, 2 bathrooms, 1,584 square feet, 2 stories


Monthly rent collected: $1,900


Monthly expenses

Property taxes: $141

Insurance: $92

Property management fees: $152

Monthly expenses (conservatively estimated)

Vacancy (7%): $133

Repairs (5%): $95

Landscaping: $42

Owner-paid Utilities: $92

Total Monthly Expenses- $747

Net Income = Income – Expenses = $1,153

Advanced Numbers

Cap Rate = 9.25%

annual net income (non-inclusive of mortgage payment) / purchase price 

Cash-on-cash return =

Depends on your leveraging.

Special Terms

  • 1 Year Scope of Work Warranty

If you are interested in this property or seeing others like it, contact Melissa at melissa@hipsterinvestments.com. Take the plunge: you won’t regret it!

Want to see more deals like this?
We’ll send them to you!

Want to see more deals like this? We'll send them to you!

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