1643 S Fairfield Ave, Chicago, IL 60608-1839

	B	C	D	E	F	G	H	I	J	K	L
1					Property Area:
2					MLS Area Code	8029
3					Community Area	North Lawndale
4					Area Investment Grade	C+
5	Property Information				Property Analysis		BR	Current Rents		Proforma Rents
6					Gross Annual Operating Income	$46,683.00		Unit 1	$1,550
7	Asking Price		$700,000.00		Gross Annual Operating Expenses	$14,037.80		Unit 2	$1,350
8	Renovations*				Net Operating Income	$32,645.20		Unit 3	$1,375
9	Number of Units		3		Annual Loan Payments	$39,820.29		Unit 4
10	Down Payment	25.0%	$175,000		DSCR (Debt Service Coverage Ratio)	0.82		Unit 5
11	Closing Costs	2%	$14,000		Capitalization Rate	4.66%		Unit 6
12	Total Initial Investment		$189,003.00		Monthly Cash Flow	$ (597.92)		Unit 7
13	Monthly Income				Annual Cash Flow	-$7,175.09		Unit 8
14	Rental Income $	Current	$4,275.00		GRM	13.6		Unit 9
15	Other Income				Exp. Ratio	30.07%		Unit 10
16	Vacancy Rate	9%	$384.75		Principle Reduction In First Year	$5,868.06		Unit 11
17	Gross Operating Monthly Income		$3,890.25		Appreciation in First Year	$14,000.00		Unit 12
18	Monthly Expenses (if applicable)				Return on Investment - Year 1				$4,275		$0
19	Landlord Paid Utilites		$240.00		Cash on Cash Return	-3.80%			-0.139865214		#DIV/0!
20	HOA Dues		$ -		Principal Reduction	-0.69%
21	PMI				Appreciation	3.61%
22	Annual Operating Expenses				Total Return On Investment	6.72%
23	Property Taxes		$2,364.80	1.50%	Financial Details
24	Insurance		$3,150.00	0.45%	Loan Amount	$525,000.00
25	Annual CapEx Budget	5.5%	$2,821.50		Loan Points	0.00%
26	Maintanance Budget	5.5%	$2,821.50		Amortization	30
27	Property Management	0%	$0.00		Interest Rate	6.50%
28	Total Annual Expenses		$14,037.80		Annual Appreciation Rate	2.00%
29	Monthly Expenses		$1,169.82
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