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2 Flat 835 16th Maywood IL Mu Investment

City: MAYWOOD ZIP: 60153

Built In: 1899

Lot Size: A

Lot Dimensions: 50X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $920

Unit 2 Floor 2: 2 bedrooms 1 baths $775

Detailed Listing Description

Well maintained 2 unit building .2 brs on each floor with 1 bath. Hardwood floors in the 2nd floors living and bedrooms.Tenant was trying to own did not work.Separate utilities. Full unfinished basement HUGE YARD. OFFICERS OF THE CORPORATION ARE LICENSED REALTORS IN ILLINOIS Possession will be negotiable. Tenants would like to live here if owners would want.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipN
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District89
  • Jr High/Middle School District89
  • High School District209

Comparative Data

Zip Code Comparison: 60153

Listings in this Zip Code average: 2 to 3 units, and are priced at $153,220 to $150,514
This listing is 17% more than other 2 unit listings in this zipcode.


Calculated Rents
Rental Income : Annual $20,340 Monthly $1,695
Rental Income Stabilized : Annual $22,500 Monthly $1,875
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$179,9002$89,9502.90%8.841.04%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,695$1,875
Year Total$20,340$22,500
Expense
Total$15,123$15,123
Net Operating Income$5,217$7,377
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2177 $6028 $8205 $684
Total         $2,177 $6,028 $8,205   $-2,988 $2,177 $-811
Stabilized         $2,177 $6,028 $8,205   $-828 $2,177 $1,349
Custom         $2177 $6028 $8205   $-828 $2177 $1349




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1134,925684178506178506684
2134,7476841795053571,0111,368
3134,5686841795055361,5162,052
4134,3896841805047162,0202,736
5134,2096841815038972,5233,420
6134,0286841815031,0783,0264,104
7133,8476841825021,2603,5284,788
8133,6656841835011,4434,0295,472
9133,4826841835011,6274,5296,156
10133,2986841845001,8115,0296,840
11133,1146841854991,9955,5297,524
12132,9306841864982,1816,0278,208
13132,7446841864982,3676,5258,892

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Listing Agent: Neelam Dwivedi
Listing Office: RAJ Realty & Investment Co.
234 Mannheim Rd Bellwood

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