![4 Story 8-Unit Rental](https://ld2development.com/wp-content/uploads/2021/12/3E85FAA0-6897-4D5C-A9FA-3EB062334646-1080x675.jpg)
4 Story 8-Unit Rental
4 Story – 8 Unit Rental
Chicago North
Don’t Buy Multi-Family! BUILD IT
Book Example – Updated – Feb, 8 2022
50′ x 150′ RM-5 Zoned Lot
These larger 3 bedroom units (~ 1700sf) and large duplexes are in demand as rentals.
Value at 4.4 CAP is conservative for a brand new property.
Look at the Equity + Cash Flow projections to see how quickly a project like this builds equity in the first few years of ownership!
![3E85FAA0-6897-4D5C-A9FA-3EB062334646 22 Palione Pl - Multifamily Property](http://ld2development.com/wp-content/uploads/2021/12/3E85FAA0-6897-4D5C-A9FA-3EB062334646.jpg)
Status: Sample Pro Forma
Property Type: New Residential Rental
Building Size: 16,500 SF
Actual CAP Rate 5.4%
![Scr Assumptions 8 Unit](http://ld2development.com/wp-content/uploads/2022/02/Scr-Assumptions-8-Unit.png)
FINANCIAL SUMMARY (PRO FORMA 2022-23)
![Scr 8 Unit Cash Flow PNG](http://ld2development.com/wp-content/uploads/2021/12/Scr-8-Unit-Cash-Flow-PNG.png)
![Scr 8 Unit Equity - PNG 2](http://ld2development.com/wp-content/uploads/2022/02/Scr-8-Unit-Equity-PNG-2.png)
![Scr 8 Unit IRR - PNG 2](http://ld2development.com/wp-content/uploads/2022/02/Scr-8-Unit-IRR-PNG-2.png)