1648 N Cleveland Ave, Chicago, IL 60614

	B	C	D	E	F	G	H	I	J	K	L
1					Property Area:
2					MLS Area Code	8007
3					Community Area	Lincoln Park
4					Area Investment Grade	A+
5	Property Information				Property Analysis		BR	Current Rents		Proforma Rents
6					Gross Annual Operating Income	$94,109.40		Unit 1	$1,500
7	Asking Price		$1,290,000.00		Gross Annual Operating Expenses	$29,416.00		Unit 2	$2,400
8	Renovations*				Net Operating Income	$64,693.40		Unit 3	$2,400
9	Number of Units		4		Annual Loan Payments	$73,383.10		Unit 4	$1,785
10	Down Payment	25.0%	$322,500		DSCR (Debt Service Coverage Ratio)	0.88		Unit 5
11	Closing Costs	2%	$25,800		Capitalization Rate	5.01%		Unit 6
12	Total Initial Investment		$348,304.00		Monthly Cash Flow	$ (724.14)		Unit 7
13	Monthly Income				Annual Cash Flow	-$8,689.70		Unit 8
14	Rental Income $	Current	$8,085.00		GRM	13.3		Unit 9
15	Other Income				Exp. Ratio	31.26%		Unit 10
16	Vacancy Rate	3%	$242.55		Principle Reduction In First Year	$10,813.99		Unit 11
17	Gross Operating Monthly Income		$7,842.45		Appreciation in First Year	$64,500.00		Unit 12
18	Monthly Expenses (if applicable)				Return on Investment - Year 1				$8,085		$0
19	Landlord Paid Utilites		$320.00		Cash on Cash Return	-2.49%
20	HOA Dues				Principal Reduction	0.61%
21	PMI				Appreciation	16.02%
22	Annual Operating Expenses				Total Return On Investment	19.13%
23	Property Taxes		$18,145.00	1.50%	Financial Details
24	Insurance		$2,580.00	0.20%	Loan Amount	$967,500.00
25	Annual CapEx Budget	2.5%	$2,425.50		Loan Points	0.00%
26	Maintanance Budget	2.5%	$2,425.50		Amortization	30
27	Property Management	0%	$0.00		Interest Rate	6.50%
28	Total Annual Expenses		$29,416.00		Annual Appreciation Rate	5.00%
29	Monthly Expenses		$2,451.33
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