7922 N Neva Ave

Niles, IL 60714
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3 bd, 2 ba | 1,650 sqft | Built in 1953

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List Price
$399,000

Initial Investment

$108,728

Purchase Price

$399,000

Down Payment

25%

Rent

$2,350

Total Return

-$22,547

Annualized Return

-3.9%

Cap Rate

3.8%

Gross Yield

7.1%

Cash Flow

-$7,720

Appreciation

0.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Beautifully maintained 3-bedroom, 2 full bath home on tree lined street with full side driveway. Eat-in kitchen with granite counter tops, stainless steel appliances, built-in dishwasher and walk-in pantry. Hardwood floors in living room and kitchen and newly carpeted bedrooms. New carpeting in the jaw-dropping family room with cathedral ceiling, fireplace and wet bar with refrigerator. Lots of cabinet space. Also includes a built-in indoor grill in the family room! The family room has an Alpine lodge feel perfect for entertaining. Sliding glass doors lead to the landscaped yard with fire pit. You'll love doing laundry in the separate laundry room with newer washer & dryer units and lots of cabinet space. Large 2.5 car garage in the back.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$26,790

Expenses

-$4,769

Property Taxes

-$8,050

Loan Payments

-$21,692

Net Cash Flow

-$7,720

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Jack Keenan
Agent License 475172651
arhome realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12164874
Last Updated: 12/03/2024 18:12
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