1246 S Fairfield Ave, Chicago, IL 60608

	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	$70,980.00		Unit 1	$1,700
7	Asking Price		$799,000.00		Gross Annual Operating Expenses	$19,797.47		Unit 2	$2,400
8	Renovations*				Net Operating Income	$51,182.53		Unit 3	$2,400
9	Number of Units		3		Annual Loan Payments	$45,452.01		Unit 4
10	Down Payment	25.0%	$199,750		DSCR (Debt Service Coverage Ratio)	1.13		Unit 5
11	Closing Costs	2%	$15,980		Capitalization Rate	6.41%		Unit 6
12	Total Initial Investment		$215,733.00		Monthly Cash Flow	$ 477.54		Unit 7
13	Monthly Income				Annual Cash Flow	$5,730.52		Unit 8
14	Rental Income $	Current	$6,500.00		GRM	10.2		Unit 9
15	Other Income				Exp. Ratio	27.89%		Unit 10
16	Vacancy Rate	9%	$585.00		Principle Reduction In First Year	$6,697.97		Unit 11
17	Gross Operating Monthly Income		$5,915.00		Appreciation in First Year	$15,980.00		Unit 12
18	Monthly Expenses (if applicable)				Return on Investment - Year 1				$6,500		$0
19	Landlord Paid Utilites		$240.00		Cash on Cash Return	2.66%			0.07346818501		#DIV/0!
20	HOA Dues		$ -		Principal Reduction	5.76%
21	PMI				Appreciation	10.06%
22	Annual Operating Expenses				Total Return On Investment	13.17%
23	Property Taxes		$4,741.97	1.50%	Financial Details
24	Insurance		$3,595.50	0.45%	Loan Amount	$599,250.00
25	Annual CapEx Budget	5.5%	$4,290.00		Loan Points	0.00%
26	Maintanance Budget	5.5%	$4,290.00		Amortization	30
27	Property Management	0%	$0.00		Interest Rate	6.50%
28	Total Annual Expenses		$19,797.47		Annual Appreciation Rate	2.00%
29	Monthly Expenses		$1,649.79
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