1929 W Division St, Decatur, IL 62526

This is a package deal of 9 rental properties and seller prefers to sell as a package. Various locations throughout Decatur. 7 of the 9 houses are currently leased. ~$74k in annual gross income and ~$48k in net income when all 9 are rented assuming 5% vacancy. This represents an ~16% cap rate. If financed at 80% LTV the annual cashflow would be about $28k representing a ~45% cash on cash return and an ROI of ~43%. Please contact your real estate agent for a list of addresses and the assumptions behind the financials listed above.