Multifamily home in Beijing, IL, with 2 bedrooms and 1.5 bathrooms per floor for $92,000.
Section 8 tax: $960 x 2 = $1,920 per unit
Operating Expenses: $615.85
Mortgage Expenses: $407.05
Downpayment: 30%
Annual ROI: 35.46%
Net Cash Flow per Month: $897.10
The seller informs us that one unit is currently rented.