1815 S Avers Ave, Chicago, IL 60623

Total Investment: $329,700.00

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Property Highlights

  • Expected Yield

    10.31%
  • Rent Start Date

    2021-06-15
  • Rent per Token

    $5.67 / year
  • Token Price

    $54.95
  • Total Tokens

    6,000
  • Property Type

    Multi Family
  • Construction Year

    1917
  • Neighborhood

    North Lawndale
  • Square Feet

    4,989
  • Lot Size

    2,900
  • Total Units

    6 Units
  • Bedroom/Bath

    6x2 Bed / 6x1 Bath
  • Rented?

    Fully Rented
  • Section 8?

    Yes
  • Section 8 Pays...

    100%

All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above equity multiple for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

Financials

  • Gross Rent / year

    $58,392.00
  • Gross Rent / month

    $4,866.00
  • Monthly Costs

    - $2,032.66
    • Property Management (8.00%)
      - $389.28
    • RealT Platform (2.00%)
      - $97.32
    • Property Taxes
      - $316.00
    • Insurance
      - $175.00
    • Utilities
      - $1,055.06
  • Net Rent / month

    $2,833.34
  • Net Rent / year

    $34,000.08
  • Total Investment

    $329,700.00
    • Underlying Asset Price
      $275,000.00
    • RealT Listing Fee (10%)
      $32,970.22
    • Initial Maintenance Reserve
      $9,732.00
    • Initial Renovation Reserve
      $12,000.00
  • Expected Yield

    10.31%

Maintenance Reserve

Map