Multi Family Property Management Services
$30M+ Portfolio, 223 Apartments Across Four Cities in Chicago Land Area Amongst Kane, Lake and Dupage Counties
Representative Returns from Past Investments
Caution: Historic Returns May Not be Indicative of Future Investment Returns
BEST RETURN
USE OF FUNDS
191.30%/ Annual Appreciation
2050 Lilac + 2081 Best Aurora
- 20 Units
- Purchase Price per Unit: $61,250
- Purchase Date: 9/25/2019
- Down Payment: $200,000
- Purchase Price: $1,225,000
- Current Value: $2,800,000
- Price Per Unit Now: $140,000
- Appreciation Till Date: 1,575,000
- Annual Earnings Before Depreciation: $180,312
- Cash on Cash from operations: 90.16%
- 2024 Refinance: $1,600,000
- Free Cash From Refinance: $713,000
- Annualized Cashout Return : 71.3%
USE OF FUNDS
163.5%/ Annual Appreciation
1616 - 1622 Mark Elgin
- 18 Units
- Purchase Price per Unit: $66,667
- Purchase Date: 7/9/2019
- Down Payment: $200,000
- Purchase Price: $1,200,000
- Current Value: $2,520,000
- Price Per Unit Now: $140,000
- Appreciation Till Date: 1,320,000
- Annual Earnings Before Depreciation: $147,928
- Cash on Cash from operations: 73.96%
- 2024 Refinance: $1,720,000
- Free Cash From Refinance: $835,000
- Annualized Cashout Return : 83.5%
USE OF FUNDS
42.18%/ Annualized Appreciation
722-766 Linden Waukegan
- 38 Units
- Purchase Price per Unit: $57,895
- Purchase Date: 9/8/2020
- Down Payment: $700,000
- Purchase Price: $2,200,000
- Current Value: $4,750,000
- Price Per Unit Now: $125,000
- Appreciation Till Date: 2,550,000
- Annual Earnings Before Depreciation: $280,000
- Cash on Cash from operations: 40.93%
- 2024 Refinance: $3,600,000
- Free Cash From Refinance: $2,200,000
- Annualized Cashout Return : 104.76%
USE OF FUNDS
136.2%/ Annualized Appreciation
415-419 Franklin Waukegan
- 27 Units
- Purchase Price per Unit: $85,185
- Purchase Date: 5/8/2023
- Down Payment: $460,000
- Purchase Price: $2,300,000
- Current Value: $2,970,000
- Price Per Unit Now: $110,000
- Appreciation Till Date: 670,000
- Annual Earnings Before Depreciation: $116,736
- Cash on Cash from operations: 25.38%
USE OF FUNDS