7649 S. Phillips Ave
| Multi-Residential - Current Operating Returns | |
|---|---|
| Property Address | 7649 S. Phillips Ave |
| Price | 525,000 |
| Units | 34 |
| Description | |
| ****REO / FORECLOSURE****Vacant and Secured COURT YARD BLDG IN SOUTH SHORE READY FOR Gut Rehab RENOVATION! 34 UNITS WITH A NICE MIX = (21) 1BR; (12) 2BRS; (1) 3BRS Garden Unit. PROPERTY IS SOLD "AS IS" | |
| Summary - Operating Information | |
| Price | 525,000 |
| Down Payment | |
| Number of Units | 34 |
| Price Per Unit | |
| Gross Rent Multiple | 5.3% |
| Capitalization Rate | 10 |
| Approximate Age | 84 Years |
| Approximate Square Feet | |
| Price Per SF | |
| Approximate Net SF | |
| Price Per Net SF | |
| Total Expenses Per Unit | |
| Annualized Operating Data | |
| Scheduled Gross Income | |
| Vacancy | |
| Gross Operating Income | |
| Expenses | |
| Real Estate Taxes | 38,772 |
| Insurance | 0 |
| Other Expenses | 0 |
| Total Expenses | |
| Net Operating Income | |
| Loan Payments | |
| Pre-Tax Cash Flow* | |
| Principle Reduction | |
| Total Return Before Taxes | |
| Financing | |
| Interest Rate | |
| Type of Loan | |
| Amortization | |
| Term | |
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.