4307 W Shamrock Ln #3c, McHenry, IL 60050

This 1994-built, 1 bed / 1 bath condo makes sense for any rental investor, even in today's changing real estate market. Prime location in McHenry, a low-cost rental with a great rental income! 

Property is VACANT. Contact Dispo Manager for walkthrough coordination.

Deal Takeaways:

Ready to be rented and start cash flowing!

Good equity built right into the deal.

Easy BRRRR!

Financials:

ARV: $125,000

Purchase Price: $79,500

Profit Details:

$125,000 ARV

(*) 94% for sale commissions

(-) $79,500 purchase price

(-) $5,000 rehab budget

(-) $5,000 closing / holding cost

(=) $28,000 profit

Rental Profit Details:

$1,300 monthly estimated rents

(-) $216 monthly tax

(-) $248 monthly HOA fee

(-) $110 monthly insurance

(-) $130 property management

(-) $130 allocation for repairs, vacancy, etc

(=) $446 net monthly cash flow

Property Details:

1 Bed / 1 Bath

795 Home Square Feet