Tom Moran & Carrie McCormick Acquire SFR In Chicago For $2.1M
SOLD
Illinois
See Similar DealsSingle Family Residence4,800 SF
Sold 10/28/2022
SOLD
Tom Moran & Carrie McCormick Acquire SFR In Chicago For $2.1M
1621 North Paulina Street, Chicago, Illinois 60622, United States
See Similar DealsSingle Family Residence4,800 SF
Sold 10/28/2022
Summary
ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$437
Total Square Footage:4,800 SF
Transaction Type:Sale
A single-family residential property located at 1621 N Paulina St in Chicago has been sold for $2,100,000. The property encompasses 4,800 square feet and was sold at a price per square foot of $438.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,100,000
- Address: 1621 N Paulina St
- Market: Chicago
- Brokers: Tom Moran & Carrie McCormick - @properties
Tom Moran and Carrie McCormick from @properties represented the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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