TITLE:
Student Rental UIUC
CONTROL:
Exclusive
VALUE:
$450,000
LOAN:
$200,000
EQUITY:
$250,000
TYPE:
Homes/Condos
HAVE:
Student housing beside University of Illinois.
WEBSITE URL:
ADDRESS:
705 W Oregon, Urbana, Illinois
BENEFITS TO NEW OWNER:
Amazing location by UIUC campus and downtown Urbana
Unique property
Can reposition property for more rental income
GROSS SCHEDULED INCOME:
$38,400 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$38,400
EXPENSES:
$14,400
NOI:
$24,000
DEBT SERVICE:
$14,000
CASH FLOW:
$10,000
CAP RATE:
5.33%
COUNSELOR:
Theresa Mueller
Trelleum Real Estate
132 N Washington
Naperville, Illinois, 60540
Cell: 630-715-9999
Email info@theresamueller.com
