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PURCHASE PRICE: less than $450,000 (option for $112,000 | 25% LTV as OWNER FINANCING in second position, so with 65% LTV hard money loan (@12%) ONLY 10% + closing cost required
STATE: IL
MSA: CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL
COUNTY: COOK COUNTY
NUMBER OF UNIT: Between 10-20
UNIT MIX: 10% 2BD | 30% 1BD | 50% STUDIO | 10% RETAIL
AREA CLASS: C+ / B-
PROPERTY CLASS: C
OCCUPANCY RATE: Above 85%
MARKET CAP RATE: 10%
ACTUAL CAP RATE: 19.14%
UPSIDE: Potential for 24% Cap
COST PER UNIT: -40% Less than the median area
MARKET RENT PER SF: $1.19
ACTUAL RENT PER SF: $0.93 (-21.8% below market)
DSCR: 2.10
GRM: 2.29
CASH ON CASH (year1): 120% C/C from day one (based on actual)
CASH ON CASH: 172% (average per year)
AVERAGE ROI: 580% (average per year)
TOTAL ROI: 2900% (after 5yr)
TOTAL POTENTIAL PROFIT: $1,080,413 (after 5yr)
If you like this deal, please contact me and let me know what is your offer for partnership. and I'll share with you the full information.
attractive.properties@gmail.com
Tags:
Dear Sir/Ma
I write to introduce our financial services to you. I am a direct mandate
to a Financial Institution who is also known as private lender specialized
in the Lease of Bank / Financial Instruments in the form of Bank
Guarantees (BG), Standby Letter of Credit (SBLC), Documentary Letter of
Credit (DLC), Letter of Credit (LC), Performance Bonds (PB), Medium Term
Notes (MTN) et al with funds is purely earned from private and corporate
investment portfolios without criminal origin.
We offer these from a genuine and certifiable finance company as the
provider hence we are able finance your signatory projects and help you
enhance your business plan. Furthermore, our financial instrument can be
used for the purchase of goods from any manufacturer irrespective of their
location. It can also serve as collateral with any bank in the world to
secure loans for your project or to activate credit line to finance your
business plan.
Our financial instrument can be invested into High Yield Investment
Trading Program {HYITP) or Private Placement Program (PPP). All bank
instruments are for lease from a genuine and reliable source without broker
chain / joker broker story or chauffer driven offer while having your
required time frame in mind.
We specialized in Bank Guarantee {BG}, Standby Letter of Credit {SBLC},
Medium Term Notes {MTN}, Confirmable Bank Draft {CBD} as well as other
financial instruments issued from AAA Rated bank such as HSBC Bank Hong
Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank ,
Standard Chartered Bank and others on lease at the lowest available rates
depending on the face value of the instrument needed.
We will be glad to share our working procedures with you upon request to
help us proceed towards closing deals effectively.
For further inquiry contact
Contact: ... bgsblc.syed@gmail.com
Skype ID: bgsblc.syed
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