3218 N Central Park Ave, Chicago, IL 60618

	B	C	D	E	F	G	H	I	J	K	L
1					Property Area:
2					MLS Area Code	8021
3					Community Area	Avondale
4					Area Investment Grade	B+
5	Property Information				Property Analysis		BR	Current Rents		Proforma Rents
6					Gross Annual Operating Income	$69,090.00		Unit 1	$1,600
7	Asking Price		$850,000.00		Gross Annual Operating Expenses	$24,060.00		Unit 2	$1,725
8	Renovations*				Net Operating Income	$45,030.00		Unit 3	$2,800
9	Number of Units		3		Annual Loan Payments	$48,353.20		Unit 4
10	Down Payment	25.0%	$212,500		DSCR (Debt Service Coverage Ratio)	0.93		Unit 5
11	Closing Costs	2%	$17,000		Capitalization Rate	5.30%		Unit 6
12	Total Initial Investment		$229,503.00		Monthly Cash Flow	$ (276.93)		Unit 7
13	Monthly Income				Annual Cash Flow	-$3,323.20		Unit 8
14	Rental Income $	Current	$6,125.00		GRM	11.6		Unit 9
15	Other Income				Exp. Ratio	34.82%		Unit 10
16	Vacancy Rate	6%	$367.50		Principle Reduction In First Year	$7,125.50		Unit 11
17	Gross Operating Monthly Income		$5,757.50		Appreciation in First Year	$29,750.00		Unit 12
18	Monthly Expenses (if applicable)				Return on Investment - Year 1				$6,125		$0
19	Landlord Paid Utilites		$240.00		Cash on Cash Return	-1.45%
20	HOA Dues				Principal Reduction	1.66%
21	PMI				Appreciation	11.51%
22	Annual Operating Expenses				Total Return On Investment	14.62%
23	Property Taxes		$12,750.00	1.50%	Financial Details
24	Insurance		$2,550.00	0.30%	Loan Amount	$637,500.00
25	Annual CapEx Budget	4.0%	$2,940.00		Loan Points	0.00%
26	Maintanance Budget	4.0%	$2,940.00		Amortization	30
27	Property Management	0%	$0.00		Interest Rate	6.50%
28	Total Annual Expenses		$24,060.00		Annual Appreciation Rate	3.50%
29	Monthly Expenses		$2,005.00
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