Address: 15240 Dante Ave Dolton, IL 60419

This 3 bedrooms / 2 bathroom property makes sense for any rental investor! A large equity spread in the deal. A potential easy BRRRR/Flip property!

Deal Takeaways:

Low ask / High ARV

Great bones, just needs a good cleanout and some polishing!

Financials:

ARV: $185,000

Purchase Price: $79,300

Estimated Profit Details (Flipper/MLS Sale):

ARV: $185,000

(*) 94% for sale commissions

(-) $79,300 purchase price

(-) $45,000 rehab/make ready budget

(-) $5,000 closing / holding cost

(=) $44,600 profit

Estimated Rental Profit Details:

$2,070 estimated monthly rent

(-) $290 monthly tax

(-) $110 monthly insurance

(-) $207 property management

(-) $207 recommended allocation for repairs, vacancy, etc

(=) $1,256 a month

Property Details:

3 Beds / 2 Baths

1,056 Home Square Feet

4,960 Square Feet Lot Size

Year Built 1955