I’m thrilled to share an inspiring investment journey with you all. As the founder of Malik Capital Estates, I’ve had the privilege of partnering with industry leaders like Zeegar Properties LLC, embarking on a path that’s been both enriching and eye-opening. Today, I want to highlight a standout property in our portfolio: a charming 48-unit courtyard building situated at 7301 S East End in Chicago’s lively South Shore neighborhood.
Since acquiring this property in December 2022, our team’s dedication to responsible management has yielded impressive results. With an initial investment of $5 million, including a $1 million equity injection, we’ve achieved a solid net 9% cash on cash return. Monthly rent increases averaging $8,000 underscore the property’s promising income potential.What’s particularly encouraging is the symbiotic relationship between operational improvements and market dynamics, driving the property’s appreciation. Through strategies like accelerated depreciation, investors have benefited from significant tax deductions, totalling approximately $350,000 in the first year alone.
But here’s the real essence: the investment’s Internal Rate of Return (IRR) surpasses 30%, offering compelling returns for those seeking financial growth. Our strategy involves refinancing after 2-3 years to return capital to investors while holding onto the property for extended periods to maximize appreciation.
Investors also enjoy regular monthly distributions of rental income, seamlessly managed through advanced software. And when tax season rolls around, our team ensures maximum deductions, supporting our investors’ financial goals year after year.Now, if you’re a first-time investor feeling a bit nervous or have questions about diving into real estate, I’m here to help. Feel free to DM me, and let’s chat. Together, we can unlock new opportunities and pave the way for a brighter financial future.
Umair Malik
Malik Capital Estates
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