2 Flat 914 Garfield Belvidere IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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2 Flat 914 Garfield Belvidere IL Mu Investment

City: Belvidere ZIP: 61008

Built In: U

Lot Size: A

Lot Dimensions: .20

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Well located two unit. Each unit has 2 bedrooms. Detached 2 car garage. Would make a solid owner occupied home on first floor and an attractive rental in the upper unit. Notice required to show.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1F,G,H
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade School District100
  • Jr High/Middle School District100
  • High School District100

Comparative Data

Zip Code Comparison: 61008

Listings in this Zip Code average: 2 units, and are priced at around $107,063
This listing is 2% more than other 2 unit listings in this zipcode.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $0 Monthly $0
Rental Income Stabilized : Annual $0 Monthly $0
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$105,0002$52,500-10.20%inf0.00%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$0$0
Year Total$0$0
Expense
Total$10,711$10,711
Net Operating Income$-10,711$-10,711
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1271 $3518 $4789 $400
Total         $1,271 $3,518 $4,789   $-15,500 $1,271 $-14,229
Stabilized         $1,271 $3,518 $4,789   $-15,500 $1,271 $-14,229
Custom         $1271 $3518 $4789   $-15500 $1271 $-14229




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
178,750400105295105295400
278,645400105295210590800
378,5404001052953158851,200
478,4354001062944211,1791,600
578,3294001062945271,4732,000
678,2234001072936341,7662,400
778,1164001072937412,0592,800
878,0094001072938492,3513,200
977,9014001082929562,6443,600
1077,7944001082921,0652,9354,000
1177,6854001092911,1733,2274,400
1277,5774001092911,2823,5184,800
1377,4684001092911,3923,8085,200

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Listing Agent: Tom Skora
Listing Office: RE/MAX Experience
1268 Bellevue Drive DeKalb

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