Rehab Investment 20% + under market value

561 Forsythe Ave, Calumet City, IL 60409

$130,000 After Repair Value -
$30,000 Asking Price -
$70,000 Cost of Repairs =
$30,000 Potential Profit

Property Details

Asking Price $30,000

After Repair Value $130,000

Costs of Repairs $70,000

Potential Profit $30,000

Living Area 1144 ft2

Property Type Single Family House

Bedrooms 6

Bathrooms 3

Half Bathrooms 0

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $1,300

Yearly Expenses N/A

Property Taxes $2,345

Net Operating Income N/A

Cap Rate N/A

Property Description

•Asking Price: $30,000
•ARV: $127,000 - $139,000
•Estimated Repairs: $65,000 - $70,000
•House Type: Single Family
•Beds / Baths: 6 / 3
•Square Footage: 1,144 sqft
•Basement: Unfinished
•Garage: 2 car detached, Brick
•Heating / Cooling: Forced Air
•Year Built: 1914
•Lot Size: 3,689 sqft

Repairs Needed

Fully gutted, needs everything


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