6409 S Rhodes Ave, Chicago, IL 60637

	B	C	D	E	F	G	H	I	J	K	L
1					Property Area:
2					MLS Area Code	8042
3					Community Area	Woodlawn
4					Area Investment Grade	B-
5	Property Information				Property Analysis		BR	Current Rents		Proforma Rents
6					Gross Annual Operating Income	$41,952.00		Unit 1	$1,400
7	Asking Price		$650,000.00		Gross Annual Operating Expenses	$15,545.00		Unit 2	$1,400
8	Renovations*				Net Operating Income	$26,407.00		Unit 3	$1,000
9	Number of Units		3		Annual Loan Payments	$36,975.98		Unit 4
10	Down Payment	25.0%	$162,500		DSCR (Debt Service Coverage Ratio)	0.71		Unit 5
11	Closing Costs	2%	$13,000		Capitalization Rate	4.06%		Unit 6
12	Total Initial Investment		$175,503.00		Monthly Cash Flow	$ (880.75)		Unit 7
13	Monthly Income				Annual Cash Flow	-$10,568.98		Unit 8
14	Rental Income $	Current	$3,800.00		GRM	14.3		Unit 9
15	Other Income				Exp. Ratio	37.05%		Unit 10
16	Vacancy Rate	8%	$304.00		Principle Reduction In First Year	$5,448.91		Unit 11
17	Gross Operating Monthly Income		$3,496.00		Appreciation in First Year	$16,250.00		Unit 12
18	Monthly Expenses (if applicable)				Return on Investment - Year 1				$3,800		$0
19	Landlord Paid Utilites		$240.00		Cash on Cash Return	-6.02%			-0.2317758635		#DIV/0!
20	HOA Dues		$ -		Principal Reduction	-2.92%
21	PMI				Appreciation	3.24%
22	Annual Operating Expenses				Total Return On Investment	6.34%
23	Property Taxes		$5,505.00	1.50%	Financial Details
24	Insurance		$2,600.00	0.40%	Loan Amount	$487,500.00
25	Annual CapEx Budget	5.0%	$2,280.00		Loan Points	0.00%
26	Maintanance Budget	5.0%	$2,280.00		Amortization	30
27	Property Management	0%	$0.00		Interest Rate	6.50%
28	Total Annual Expenses		$15,545.00		Annual Appreciation Rate	2.50%
29	Monthly Expenses		$1,295.42
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