6228 N Artesian Ave, Chicago, IL 60659

	B	C	D	E	F	G	H	I	J	K	L
1					Property Area:
2					MLS Area Code	8002
3					Community Area	West Ridge
4					Area Investment Grade	B+
5	Property Information				Property Analysis		BR	Current Rents		Proforma Rents
6					Gross Annual Operating Income	$50,579.52		Unit 1	$1,000
7	Asking Price		$749,000.00		Gross Annual Operating Expenses	$19,771.02		Unit 2	$1,794
8	Renovations*				Net Operating Income	$30,808.50		Unit 3	$1,690
9	Number of Units		3		Annual Loan Payments	$42,607.71		Unit 4
10	Down Payment	25.0%	$187,250		DSCR (Debt Service Coverage Ratio)	0.72		Unit 5
11	Closing Costs	2%	$14,980		Capitalization Rate	4.11%		Unit 6
12	Total Initial Investment		$202,233.00		Monthly Cash Flow	$ (983.27)		Unit 7
13	Monthly Income				Annual Cash Flow	-$11,799.21		Unit 8
14	Rental Income $	Current	$4,484.00		GRM	13.9		Unit 9
15	Other Income				Exp. Ratio	39.09%		Unit 10
16	Vacancy Rate	6%	$269.04		Principle Reduction In First Year	$6,278.82		Unit 11
17	Gross Operating Monthly Income		$4,214.96		Appreciation in First Year	$26,215.00		Unit 12
18	Monthly Expenses (if applicable)				Return on Investment - Year 1				$4,484		$0
19	Landlord Paid Utilites		$240.00		Cash on Cash Return	-5.83%
20	HOA Dues				Principal Reduction	-2.73%
21	PMI				Appreciation	7.13%
22	Annual Operating Expenses				Total Return On Investment	10.23%
23	Property Taxes		$10,339.38	1.50%	Financial Details
24	Insurance		$2,247.00	0.30%	Loan Amount	$561,750.00
25	Annual CapEx Budget	4.0%	$2,152.32		Loan Points	0.00%
26	Maintanance Budget	4.0%	$2,152.32		Amortization	30
27	Property Management	0%	$0.00		Interest Rate	6.50%
28	Total Annual Expenses		$19,771.02		Annual Appreciation Rate	3.50%
29	Monthly Expenses		$1,647.59
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