339 W 23rd Pl, Chicago, IL 60616

	B	C	D	E	F	G	H	I	J	K	L
1					Property Area:
2					MLS Area Code	8034
3					Community Area	Armour Square
4					Area Investment Grade	C
5	Property Information				Property Analysis		BR	Current Rents		Proforma Rents
6					Gross Annual Operating Income	$42,660.00		Unit 1	$1,450		$1,650
7	Asking Price		$915,000.00		Gross Annual Operating Expenses	$15,657.35		Unit 2	$1,300		$1,650
8	Renovations*				Net Operating Income	$27,002.65		Unit 3	$1,200		$1,450
9	Number of Units		3		Annual Loan Payments	$52,050.80		Unit 4
10	Down Payment	25.0%	$228,750		DSCR (Debt Service Coverage Ratio)	0.52		Unit 5
11	Closing Costs	2%	$18,300		Capitalization Rate	2.95%		Unit 6
12	Total Initial Investment		$247,053.00		Monthly Cash Flow	$ (2,087.35)		Unit 7
13	Monthly Income				Annual Cash Flow	-$25,048.15		Unit 8
14	Rental Income $	Current	$3,950.00		GRM	19.3		Unit 9
15	Other Income				Exp. Ratio	36.70%		Unit 10
16	Vacancy Rate	10%	$395.00		Principle Reduction In First Year	$7,670.39		Unit 11
17	Gross Operating Monthly Income		$3,555.00		Appreciation in First Year	$13,725.00		Unit 12
18	Monthly Expenses (if applicable)				Return on Investment - Year 1				$3,950		$4,750
19	Landlord Paid Utilites		$240.00		Cash on Cash Return	-10.14%
20	HOA Dues				Principal Reduction	3.10%
21	PMI				Appreciation	5.56%
22	Annual Operating Expenses				Total Return On Investment	-1.48%
23	Property Taxes		$2,514.35	1.50%	Financial Details
24	Insurance		$4,575.00	0.50%	Loan Amount	$686,250.00
25	Annual CapEx Budget	6.0%	$2,844.00		Loan Points	0.00%
26	Maintanance Budget	6.0%	$2,844.00		Amortization	30
27	Property Management	0%	$0.00		Interest Rate	6.50%
28	Total Annual Expenses		$15,657.35		Annual Appreciation Rate	1.50%
29	Monthly Expenses		$1,304.78
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